FKLI bias is still down and a close below 1523 should keep bias intact.
Nonetheless, support is not too far below at 1520, near yesterday's low and also the 61.8% retracement of Dec - Jan rally.
Further support may come at 1510, a prior support level and then psychological 1500.
Resistance is now Monday's low of 1537 and then yesterday's high of 1550.
The longer term trend however, is still up.
Sentiment stayed weak as futures was priced cheap.
21 day moving average is still now 1550.
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