As indicated by A, the FBMACE continue to fall on Monday, losing 22.98 points or 0.55% to close at 4151.47 points. The FBMACE is still testing the 14, 21, 31 EMA Dynamic support. Resistance for the FBMACE remains at 4350 while the support is at 4050.

As indicated by B, the Stochastic fell below 30% marginally, and since it is only marginally below 30%, the short term bearish signal for the FBMACE is yet to be confirmed. If the Stochastic should remain below 30%, the short term movement of the FBMACE is expected to be weakening.

As indicated by C, the MACD histogram is still falling, and the falling of the MACD histogram suggests that the FBMACE is losing strength. The weakening of the FBMACE is likely to continue, until the MACD histogram should form a Rounding Bottom.

In conclusion, the analysis of the FBMACE on Monday is similar to the one on Friday. Although the FBMACE has not broken below the 14, 21, 31 EMA, it has formed lower-highs, thus an early signal suggesting some weakness of the FBMACE. Technically, if the FBMACE should later break below 4050, it would have completed the characteristics of a downtrend formation.