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given the indecisive nature of the “spinning top” pattern registered and flattish signal in the rsi, we remain adamant that the. current consolidation is part of the natural normalisation process in each market. given a lack of fresh catalysts, we expect the fbmklci to move within the immediate support and resistance of 1,679 to 1,720 in the near. from a technical perspective, no major change was recorded as the index was still trading within our expected range of 1,679-1,720. yesterday, the fbmklci continued to form series lower highs and lower lows while the rsi line fell short of rising above the trending territory of 50pt, thus giving an indication of bearish bias in the medium term.. following recent gains, the fbmklci was unable to sustain buying momentum as the benchmark index succu*bed to heavy profit-taking. us stocks were mixed after the close on thursday, as gains in the consumer services, technology and utilities sectors led shares higher. while losses in the oil & gas, basic materials and industrials sectors led shares lower. at the close in nyse, the djia declined 0.32%, while the s&p 500 index fell 0.15%, and the nasdaq composite index gained 0.42%.. us stocks were lower after the close on tuesday, as losses in the industrials, technology and financials sectors led shares lower. at the close in nyse, the djia declined 3.10%, while the s&p 500 index declined 3.24%, and the nasdaq composite index lost 3.80%.. us stocks were higher after the close on monday, as gains in the oil & gas, basic materials and technology sectors led shares higher. at the close in nyse, the djia added 1.13%, while the s&p 500 index climbed 1.09%, and the nasdaq composite index climbed 1.51%. whilst care and effort has been taken to ensure the accuracy of the information provided herein, uob kay hian securities (m) sdn bhd does not warrant the information expressed or implied is absolutely true, correct, timely or fit for any particular purpose or use. we are not