As indicated by A, the FBMACE fell 83.12 points or 1.75% on Thursday, closing at 4655.57 points. The FBMACE is set to test the 14, 21, 31 EMA dynamic support, and the resistance remains at 4750.

As indicated by B, the Stochastic fell below 70%, ended the short term bullish signal, and suggesting a beginning of a technical correction.

As indicated by C, the DMI +DI line is falling, but still above the -DI (which is rising gradually). This suggesting that the uptrend of the FBMACE is still intact.

In conclusion, despite falling over 1%, the uptrend of the FBMACE remains intact. If the FBMACE could continue to be supported by the 14, 21, 31 EMA and rebound to form higher-lows, the uptrend is likely to be extended.