On Tuesday, the FBMACE rebounded slightly, gaining 10.16 points or 0.24%. As indicated by A, the FBMACE is still above the 14, 21, 31 EMA dynamic support, thus suggesting that the technical outlook is still positive. Resistance for the FBMACE is at 4350.

As circled at B, the Stochastic remains above 70%, in the short term bullish territory, suggesting the short term movement of the FBMACE is still positive.

As circled at C, the MACD histogram is falling, forming Rounding Top. This suggests that the FBMACE is consolidating, or losing strength, and the weakness is expected continue, until the MACD histogram should form a Rounding Bottom.

In conclusion, despite the consolidation, the technical outlook for the FBMACE is positive. If the FBMACE could either break above 4350 resistance, or form higher-lows, it would be having the characteristics of an uptrend formation.