FKLI bias stays up but it has to close above 1505 to keep bias intact.
Resistance is still at 1513, the high of Dec and followed by the gap of 1530.
Support is still at 1493 and thereafter 22 Dec low of 1480.
The longer term trend is neutral to down.
Sentiment is neutral as futures was priced about fair.
The 21-day moving average is now at 1478.
R1/1505 R2/1513 R3/1530
S1/1493 S2/1480 S3/1467
FKLI bias stays up but it has to close above 1505 to keep bias intact.
If 1505 is broken, next support is at early Dec high of 1513 and followed by the gap of 1530.
Support is at yesterday's low of 1493 and thereafter 1480.
The longer term trend is neutral to down.
Sentiment is upbeat as futures was at slight premium to cash.
The 21-day moving average is at 1475.
R1/1505 R2/1513 R3/1530
S1/1493 S2/1480 S3/1467
FKLI bias stays up and a higher close should keep bias intact.
Resistance is now 1490, the high of afternoon session and followed by 1505.
Monday's high of 1480 is has now turned support and thereafter Tuesday's close of 1470.
The longer term trend is down.
Sentiment is neutral as futures as priced about fair.
The 21 day moving average is now at 1465.
R1/1490 R2/1505 R3/1513
S1/1480 S2/1470 S3/1460
FKLI bias is neutral as it closed right at support yesterday.
Therefore, a close below 1470 today will turn bias down and next support is at 1460, the low of Monday.
Resistance is still at 1480, the high of yesterday, and followed by 1490, the high of two weeks ago.
The longer term trend is down.
Sentiment is upbeat as futures was priced at premium to cash.
The 21-day moving average is now at 1459.
R1/1480 R2/1490 R3/1505
S1/1470 S2/1460 S3/1450
FKLI bias stays up and it needs to close above 1470 today to keep bias intact.
If broken, resistance is expected at the high of last week at 1480 and followed by 1490, the high of 2 weeks ago.
the 1460 has now turned support and followed by the psychological 1450.
The longer term trend is down.
Sentiment was mildly positive as futures was at slight premium to cash.
The 21 day moving average is now at 1459.
R1/1470 R2/1480 R3/1490
S1/1460 S2/1450 R3/1440
FKLI bias turned up after the strong close yesterday but it has to close higher to keep bias intact.
Resistance is now 1470, the high of Tue and Wed and followed by 1480, the high of Monday.
The 1460 has now turned into support and thereafter the psychological 1450.
The longer term trend is down.
Sentiment is muted as futures was priced about fair to cash.
The 21 day moving average is now at 1459.
R1/1470 R2/1480 R3/1490
S1/1460 S2/1450 S3/1440
FKLI bias stays neutral after the unchanged close.
A close above yesterday's high of 1470 should turn bias up and the next resistance is at 1480, the high of Monday.
Support stays at 1460 and a close below will turn bias down and next support is at 1540, the low of last week.
The longer term trend is down.
Sentiment was muted as futures was at slight discount to cash.
The 21 day moving average is now at 1459
R1/1470 R2/1480 R3/1490
S1/1460 S2/1450 S3/1440
FKLI bias is neutral after the close below morning low.
A close below yesterday's low of 1460 should turn bias down and next support is at Friday's low of 1450.
A higher close should turn bias up and resistance lies at 1480, the high of yesterday and thereafter 1490, high of last Thursday.
The longer term trend is down.
Sentiment was weak as futures was at marginal discount to cash.
The 21 day moving average is now at 1459.
R1/1480 R2/1490 R3/1505
S1/1460 S2/1450 S3/1440
FKLI bias stays down and it has to close lower to keep bias intact.
Support is now 1450, the low of last Friday and followed by 1440, the low of two weeks ago.
The 1460 support level has not turned resistance and thereafter 1473 the low of last Tuesday.
The longer term trend is down.
Sentiment stayed weak as futures was at discount to cash.
The 21-day moving average is now at 1459.
R1/1460 R2/1473 R3/1490
S1/1450 S2/1440 S3/1420
FKLI bias turned down after breaking below 1473 support and a close lower is needed to keep bias intact.
Support is now the gap of 1460 followed by the low of 1440.
The broken support of 1473 has now turned support followed by Wed's high of 1490.
The longer term trend is down.
Sentiment turned weak as futures was price at discount to cash.
The 21 day MAV line is now at 1460.
R1/1473 R2/1490 R3/1505
S1/1460 S2/1440 S3/1420
FKLI bias is neutral after the wild swinging move yesterday.
A close above yesterday's high of 1490 should turn bias up and the next resistance is at 1505.
Support is still Tuesday low of 1473 and followed by the gap of 1460.
The longer term trend is neutral to down.
Sentiment is muted as futures was priced about fair.
The 21 day moving average is now at 1461.
R1/1490 R2/1505 R3/1513
S1/1473 S2/1460 S3/1440
FKLI bias turned down after the lower close and it has to close below 1473 today to keep bias intact.
Further support is expected at last week's gap low of 1460 and followed by another gap of 1440.
The 1490 has now turned into resistance and thereafter Monday's high of 1505.
The longer term trend is down.
Sentiment turned weak after futures was priced cheap.
The 21 day moving average is now at 1461.
R1/1490 R2/1505 R3/1530
S1/1473 S2/1460 S3/1440
FKLI bias is neutral after the lackluster trade yesterday.
However, a close above 1505 should see the return of upward bias and next resistance is last week's high of 1513.
Support is 3-day low of 1490 and followed by 1473.
The longer term trend is neutral.
Sentiment stayed upbeat as futures was priced rich.
The 21 day moving average is now at 1460.
R1/1505 R2/1513 R3/1530
S1/1490 S2/1473 S3/1460
FKLI bias stays up after the strong move and a higher close should keep bias intact.
Resistance is now yesterday's high of 1513 followed by the gap of 5 Aug of 1526.
The broken resistance of 1490 has now turned support and thereafter yesterday's gap low 1460.
The longer term trend is neutral.
Sentiment stayed upbeat as futures was at premium to cash.
The 21 day moving average is now at 1457
R1/1513 R2/1526 R3/1532
S1/1490 S2/1480 S3/1460
FKLI bias turned up but it has to close higher to keep bias intact.
Resistance is now 1457, just below yesterday's high and then 1573.
The 1440 level, also yesterday's low has now turned support and followed by last Friday's low of 1420.
The longer term trend is down.
Sentiment was neutral as futures was priced about fair.
The 21 day moving average is now at 1457.
R1/1457 R2/1473 R3/1490
S1/1440 S2/1420 S3/1410
FKLI bias turned down after the weak close but it has to close below 1420 to keep bias intact.
Below 1420, supports are at 1410 and then the psychological 1400.
The 1440 level has turned again into resistance followed by Thursday high of 1450.
The longer term trend is down.
Sentiment turned weak as futures is priced at steep discount to cash.
The 21 day moving average is now at 1458
R1/1440 R2/1450 R3/1473
S1/1420 S2/1410 S3/1400
FKLI bias turned up after the strong move yesterday and a higher close today should keep bias intact.
Resistance is now at yesterday's high of 1450 and followed by the gap of 1457.
The broken resistance of 1440 has now turned support and then 1420.
The longer term trend is down.
Sentiment turned upbeat as futures was at slight premium to cash.
The 21 day moving average is now at 1460.
R1/1450 R2/1457 R3/1473
S1/1440 S2/1420 S3/1410
FKLI bias has a slight bearish hint after it closed below 1420 support level.
Below 1420, support lies at 1410, the low of yesterday and thereafter the psychological 1400.
Bias will turn up if it can close above Tuesday's high of 1430 with stronger resistance at gap of 1440.
The longer term trend is down.
Sentiment stayed downcast as futures discount remains wide.
The 21 day moving average is now at 1460.
R1/1420 R2/1430 R3/1440
S1/1410 S2/1400 S3/1385
FKLI bias is mildly positive after the close above 1420 but it has to close higher to keep bias intact.
The next resistance is the gap of Monday of 1440 and followed by another gap at 1457.
Below 1420, support is expected at 1410 and thereafter the psycholOgical 1400.
Sentiment stayed weak as futures is still at steep discount to cash.
The longer term trend is down.
21 day moving average is now at 1461.
R1/1430 R2/1440 R3/1457
S1/1420 S2/1410 S3/1400
FKLI bias stays down but it has to close below 1440 to keep bias intact.
After 1440, support is expected at another prior low of 1420 and then psychological 1400.
Resistance is at gap of Friday at 1457 and then 1473.
The longer term trend is down.
Sentiment stayed weak as futures was priced cheap.
The 21 day moving average is now at 1463.
R1/1457 R2/1473 R3/1480
S1/1440 S2/1420 S3/1400
FKLI bias stays down after the lower close but it has to close below 1457 today to keep bias intact.
Further support is at 1447 and followed by the low of two week ago at 1440.
Resistance remains at 1473, the high of Wed and thereafter 1480, near the high of Monday.
The longer term trend is down.
Sentiment stayed weak as futures was at discouNt to cash.
The 21 day MAV line is at 1462.
R1/1473 R2/1480 R3/1490
S1/1457 S2/1447 S3/1440
FKLI bias is neutral but another close below 1473 should turn bias down.
Support is now the psychological 1450 and followed by last week's low of 1440.
Wednesday's low of 1473 has now turned resistance and thereafter recent high 1490.
The longer term trend is down.
Sentiment stayed weak as futures was priced cheap.
The 21 day moving average is now at 1457.
R1/1473 R2/1490 R3/1505
S1/1450 S2/1440 S3/1428
FKLI bias turned down after closing below morning low but it has to close below 1473 to keep bias intact.
Below 1473, supports should come at the gap of 1465-1458 followed by the psychological 1450.
Resistance remains at 1490 and thereafter 1505.
The longer term trend is down.
Sentiment turned weak as futures was price at deep discount to cash.
The 21 day moving average is now at 1454.
R1/1490 R2/1505
S1/1473 S2/1465 S3/1458
FKLI bias stays up after a higher close and it need to close higher to keep bias intact.
Resistance is still 1490 followed by the high of 16 Aug of 1505.
Support is now at 1473, the low of yesterday, followed by the gap of last Friday of 1465.
The longer term trend is sideways to down.
Sentiment stayed upbeat as futures was priced at premium to cash.
The 21 day moving average is now at 1450.
R1/1490 R2/1505
S1/1473 S2/1465 S3/1458
FKLI bias turned up after the strong close but it has to close higher to keep bias intact.
Resistance is recent high of 1490 followed by 16 Aug high of 1505.
The broken resistance of 1480 has not turned support and followed by the low of Friday at 1465.
The longer term trend is neutral to down.
Sentiment was upbeat as futures was priced at premium to cash.
The 21 day moving average is now at 1446.
R1/1490 R2/1505
S1/1480 S2/1465 S3/1458
FKLI bias is neutral after the Hammer close yesterday, but bias will turn up should it close above 1465 today.
Higher up expect support at 1475 and the recent high of 1490.
Support is now yesterday's low of 1440 and followed by 1428.
The longer term trend is down.
Sentiment stayed weak as futures was price as discount to cash.
The 21 day moving average is now at 1441.
R1/1465 R2/1475 R3/1490
S1/1440 S2/1428 S3/1420
FKLI bias turned up after closing above morning high but it has to close above 1475 today to keep bias intact.
Further up, expect resistance at week high around 1490 and then 1505.
Support is yesterday's afternoon gap of 1462 followed by yesterday's low of 1450.
The longer term trend is down.
Sentiment nonetheless stayed weak as futures was priced cheap to cash.
The 21 day moving average is now at 1438.
R1/1475 R2/1490 R3/1550
S1/1462 S2/1450 S3/1442
FKLI bias turned down after closing below 1475 and a lower close should keep bias intact.
Support is now expected at prior gaps, 1457 and followed by 1446.
The broken support of 1475 has now turned resistance followed by recent high of 1490.
The longer term trend is down.
The sentiment turned weak as futures was priced at steep discount to cash.
The 21 day moving average is now at 1431.
R1/1475 R2/1490 R3/1505
S1/1457 S2/1446 S3/1428
FKLI bias stays up and a higher close should keep bias intact.
Resistance is now the area of 1500-1505 and followed by uncovered gap of 1532.
The broken resistance of 1490 turned into support and then followed by 2-day low of 1475.
The longer term trend is neutral to down.
Sentiment stayed neutral as futures was priced about fair.
The 21 day moving average is now at 1427.
R1/1500-05 R2/1532
S1/1490 S2/1475 S3/1458
FKLI bias stays up after higher close and a higher close is needed today to keep bias intact.
Resistance is now Friday's high of 1490 followed by high of 16 Aug of 1505.
Support is Friday's low of 1476 and the uncovered gap at 1457.
The longer term trend is neutral to down.
Sentiment was neutral as futures was priced about fair.
The 21 day moving average is now at 1424.
R1/1490 R2/1505 R3/1523
S1/1476 S2/1457 S3/1450
FKLI bias stays up and a higher close today should keep bias intact.
Resistance is now at 1480, the broken support level, and followed by 1490.
Support is now 1470, yesterday's afternoon low, and the 1457, the low of the gap created yesterday.
The longer term trend is down.
Sentiment stayed upbeat as futures basis was positive.
The 21 day moving average is now at 1418.
R1/1480 R2/1490 R3/1500
S1/1470 S2/1457 S3/1442
FKLI bias stays up after a higher close but it has to close higher to keep bias intact.
Resistance is at 1457, the high of gap of 18 Oct, which is now broken and then 1470, the close of last Friday.
Support is still 1450, which a false breakdown occurred on Tuesday, followed by the low of gap of Monday, 1442.
The longer term trend is down.
Sentiment was weak as futures was priced at discount to cash.
The 21 day moving average is now at 1411.
R1/1457 R2/1470 R3/1480
S1/1450 S2/1442 S3/1428
FKLI bias turns up after the higher close but it has to close higher to keep bias intact.
Resistance is now at yesterday's high of 1465 and followed by last Friday's close of 1470.
Support is at yesterday low of 1450 and followed by yesterday's gap low of 1442.
The longer term trend is down.
Sentiment turned positive as futures as at slight premium over cash.
The 21 day moving average is now at 1405.
R1/1465 R2/1470 R3/1480
S1/1450 S2/1442 S3/1430
FKLI bias is neutral but a close above 2-day high of 1442 should turn bias up.
Resistance is at psychological 1450 and thereafter last Tuesday high of 1456.
Support is now last Friday's low of 1428 followed by last Thursday's low of 1420.
The longer term trend is down.
Sentiment was weak as futures basis was negative.
The 21 day moving average is now at 1402.
R1/1442 r2/1450 R3/1456
S1/1428 S2/1420 S3/1400
FKLI bias has turned down but it has to close below 1400 to keep bias intact.
Below 1400, support is expected at 1385, gap of last Thursday and thereafter 1350.
Last week's high of 1408 has now turned resistance and followed by the high of 21 Sep, 1422.
The longer term trend is down.
Sentiment is weak as futures was priced at discount to cash.
The 21 day moving average is now at 1392.
R1/1408 R2/1420 R3/1447
S1/1400 S2/1385 S3/1350
FKLI bias turned down after it closed below morning low but it has to close below 1385 to confirm the weakness.
Below the gap of 1385, further support is expected at 1350 and then the low of last week of 1340.
Resistance is still psychological 1400 followed by Friday high of 1408 and then 1420.
The longer term trend is down.
Sentiment turned weak as futures was at deep discount to cash.
The 21 day moving average is now at 1397.
R1/1400 R2/1408 R3/1420
S1/1385 S2/1350 S3/1340
FKLI bias stays up but price has to close above 1400 today to keep bias intact.
Next resistance is 1420 followed by 1447.
Support is now yesterday's low of 1385 and then Wed's afternoon low of 1350.
The longer term trend is down.
Sentiment was positive as futures was at premium to cash.
The 21 day moving average is at 1401.
R1/1400 R2/1420 R3/1447
S1/1385 S2/1350 S3/1340
FKLI bias stays up but it has to close higher to keep bias intact.
Resistance is still at 1400 psychological level followed by 1420.
Support is Tuesday's afternoon low of 1350 and then week's low of 1340.
The longer term trend is down.
Sentiment was neutral as futures was priced about fair.
The 21 day moving average is now at 1403
R1/1400 R2/1420 R3/1447
S1/1375 S2/1350 S3/1340
FKLI bias turned up after the higher close and it has to close above 1375 to keep bias intact.
After 1375, next resistance is expected at psychological 1400, the high of last week, and then 1420.
Support is still 1350, the low of yesterday's afternoon session and then 1340, which was tested 3 times in the past 2 weeks.
The longer term trend is down.
Sentiment also turned positive as futures was priced at significant premium to cash.
The 21 day moving average is now at 1407.
R1/1375 R2/1400 R3/1420
S1/1350 S2/1340 S3/1320
FKLI bias turned down after the lower close and it has to close lower to keep bias intact.
Support is now last Tuesday's low of 1340 and followed by 1320.
The broken support of 1375 has now turned resistance and thereafter the psychological 1400.
The longer term trend is down.
Sentiment stayed weak as futures was price at discount to cash.
The 21 day moving average is now at 1412.
R1/1375 R2/1400 R3/1420
S1/1340 S2/1320 S3/1300
FKLI bias is neutral after the weak close and a close below 1375 should turn bias down.
Further support is expected at Thursday low of 1350 and then 1340.
Resistance is still at psychological 1400, near the high of Friday and then 1420.
The longer term trend is down.
Sentiment stayed weak as basis discount remains.
The 21 day moving average is now at 1416.
R1/1400 R2/1420 R3/1447
S1/1375 S2/1350 S3/1340
FKLI bias stays up but price has to close above 1375 to keep bias intact.
Above 1375, further resistance is expected at psychological 1400 and thereafter 1420.
Support is 2-day low of 1340 and followed by 1320 and the psychological 1300.
The longer term trend is down.
Sentiment nonetheless stayed weak as futures was price cheap.
The 21 day moving average is now at 1423.
R1/1375 R2/1400 R3/1420
S1/1340 S2/1320 S3/1300
FKLI bias turned up after the firm close but it has to close higher today to keep bias intact.
Resistance is now 1375, also the high of Jul 2010, followed by the psychological 1400.
The 1357 level has now turned support, where price gapped up in the afternoon and thereafter, yesterday's low of 1340.
The longer term trend is down.
Sentiment stayed weak as futures was priced at discount to cash.
The 21 day moving average 1429.
R1/1375 R2/1400 R3/1420
S1/1357 S2/1340 S3/1300
FKLI bias may have turned up after the long legged candle and strong showing by the US equities.
Resistance is now yesterday's afternoon high of 1330 and followed by last week's low of 1357.
Support is now the psychological 1300, tested yesterday followed by 1270.
The longer term trend is down.
Sentiment stayed weak as futures was again at discount to cash.
The 21 day moving average is now at 1434.
R1/1330 R2/1357 R3/1378
S1/1300 S2/1270 S3/1240
FKLI bias is neutral after the close near day high but a close above 1375 is needed for price to trend higher.
Resistance is now at 1378, gap of Friday, followed by psychological 1400 and 1420.
Support is now April 2010 high of 1350 and thereafter 1330 and psychological 1300.
The longer term trend is down.
Sentiment was somewhat positive as futures was priced at premium to cash.
The 21 day moving average is at 1441.
R1/1378 R2/1400 R3/1420
S1/1350 S2/1330 S3/1300
FKLI bias stays down after closing below 1400 psychological level and has to close below 1375 support to keep bias intact.
Further support is expected at Arp 2010 high of 1350 and followed by 1340.
The psychological 1400 has now turned into a resistance followed by Wednesday high of 1420.
The longer term trend is down.
Sentiment stays weak as futures basis remains wide.
The 21 day moving average is now at 1447.
R1/1400 R2/1420 R3/1447
S1/1375 S2/1350 S/1340
FKLI bias turned up after a strong close but it has to close above 1420 to keep bias intact.
Above 1420, which is not too far from yesterday's high, resistance is expected at Aug intraday low of 1427.
Support is still at psychological 1400 and followed by 1390.
The longer term trend is down.
Sentiment stays weak as the futures basis narrowed.
The 21 day moving average is now at 1453.
R1/1420 R2/1427 R3/1447
S1/1400 S2/1390 S3/1375
FKLI bias is neutral after an undecided close yesterday but will turn down on a close below 1400.
Again, resistance is at psychological 1400 and thereafter 1390.
Resistance is now 1414, the high of yesterday followed by Aug intraday low of 1427.
The longer term trend is down.
Sentiment stays weak as futures was again at discount to cash.
The 21 day moving average is now at 1455.
R1/1414 R2/1427 R3/1447
S1/1400 S2/1390 S3/1375
FKLI stays down after another lower close and it has to close below 1400 to keep bias intact.
Support is now the psychological 1400 and thereafter 1390.
Expect resistance at Aug intraday low of 1427 and thereafter 1447.
The longer term trend is down.
Sentiment stayed downcast as futures was at discount to cash.
The 21 day moving average is now at 1460.
R1/1427 R2/1447 R3/1458
S1/1400 S2/1390 S3/1375
FKLI bias stays down after another lower close and price has to close below 1427 to keep bias intact.
Should 1427 is broken, expect support at psychological 1400 and then 1390.
Resistance is still at 1447, not too far from last week high and then gap high of 1458.
The longer term trend is neutral to down.
Sentiment stayed weak as futures was priced at discount to cash.
The 21 day moving average is now at 1463.
R1/1447 R2/1458 R3/1465
S1/1427 S2/1400 S3/1390
