FKLI bias is still up and close above 1517 should keep bias intact.
Resistance is still 1523, not too far from yesterday's high. Next resistance is November high of 1530.
Support should come at yesterday's low of 1513. A close below it and especially 1510 could see a weaker Monday.
Further support possibly at 1502, then 1489 and stronger one at 1485.
Sentiment was positive yesterday as future was at premium to cash.
21 day moving average is now at 1502.
No comments:
Post a Comment