KUALA LUMPUR (Dec 12): The weak outlook continues for the FBM Small Cap Index (FBMSC) as the bears are still in control over the bulls, according to RHB Retail Research.

In its technical analyser today, the research house said the FBMSC registered a 102.23-point gain to 16,580.81 points yesterday.

"It climbed slightly above the previous 16,578-point resistance, which implied that the bulls were in control of the session.

"However, this does not change our bearish view, as we think the increase was a minor one only.

"In terms of strength, market sentiment is still weak. This can be seen in the 14-day Relative Strength Index indicator, which is situated below the 50-point neutral level at 33.98 points," it said.