Despite the KLCI's relatively strong gain, the FBMACE only gained 21.81% or 0.47%, to close at 4711.02. As indicated by A, the FBMACE is still supported by the 14, 21, 31 EMA dynamic support thus the uptrend remains intact. Resistance for the FBMACE stays at 4834 followed by 5000.

As indicated by B, the Stochastic breaks away from 30% short-term bearish territory. If the Stochastic should stay around 50%, it suggests that the FBMACE is consolidating at a sideways manner.

As indicated by C, the MACD histogram stopped falling, and it might be forming a Rounding Bottom. If the MACD histogram should starts rising and forms a Rounding Bottom, it suggests that the FBMACE is picking up strengths again, and the FBMACE would likely to resume its uptrend.

In conclusion, the uptrend of the FBMACE remains intact and the technical outlook stays on the positive side. If the FBMACE could rebound from the 14, 21, 31 EMA, there is a good chance for the FBMACE to re-test its immediate resistance.