On Tuesday, the FBMACE was losing up to 27.64 points during intra-day trading, but it managed to bounce back in the afternoon session, and even closing at its daily high of 4780.51 points, gaining 55.71 point or 1.18%. Although the FBMACE is breaking above its 4750 resistance marginally, the FBMACE is likely to extend its uptrend, and the next resistance is at 5000 mark.

As indicated by B, since returning to above 70%, the Stochastic has been staying above 70%, and this suggests that the short term movement of the FBMACE is indeed positive.

As indicated by C, the DMI +DI line remains above the -DI, suggesting that the uptrend remains intact. If the +DI line should rise with the ADX line, it suggests that the uptrend is still gaining strength.

In conclusion, the FBMACE managed to rebound from the 14, 21, 31 EMA dynamic support while forming higher-lows, and this suggests that the uptrend is still intact, and the technical outlook remains positive.