As indicated by A, the FBMACE remains in its narrow trading on Wednesday, gaining 8.95 points or 0.22%, to close at 4135.12 points. The FBMACE is still supported by the 14, 21, 31 EMA dynamic support, while the resistance remains unchanged at 4350 followed by 4500.

As indicated by B, the Stochastic is still testing 30%, while not able to break away from the short term bearish territory. Technically, the Stochastic would have to break above 70%, in order to suggest a short term bullish signal.

As indicated by C, the -DI line is still above the +DI line, and this suggests that the recent volatility of the FBMACE is still negative. If the -DI line should continue rising with the ADX line, the mid term bearish signal of the DMI shall remains intact.

In conclusion, despite the support of the 14, 21, 31 EMA dynamic support, some technical indicators are suggesting weakness of the FBMACE. Actually, the uptrend of the FBMACE remains intact, and the FBMACE is merely consolidating during its uptrend course.