After consolidating in a sideways manner for a few days, the FBMACE resumes its uptrend on Wednesday, gaining 133.47 points or 2.94%, to close at 4670.1 point. The FBMACE also broke above the 4541 resistance. As indicated by A, the 14, 21, 31 EMA is still serving as the dynamic support, and the next resistance for the FBMACE is at 4750, which is the peak of 2011 and 2010.

As indicated by B, the Stochastic stays above 70%, in the short term bullish territory. This suggests that the short term movement of the FBMACE is still positive.

As indicated by C, the DMI +DI line ticked up on Wednesday, while still above the -DI line. This suggests that the uptrend for the FBMACE is still intact.

In conclusion, the uptrend of the FBMACE is still valid, with positive technical outlook, as long as the FBMACE could stay above the rising 14, 21, 31 EMA dynamic support.