FKLI bias stays up and a close above 1576 resistance level should keep bias intact. A good move up should see price closing above last week's high of 1580.
Support is still expected at 1569, important level in the past 2 weeks and then the area of 1566 - 1564. A close below these level may turn bias down.
Sentiment was nuetral as futures was priced about fair.
21 day moving average is now at 1541.
No comments:
Post a Comment