FKLI bias turned down again and another close below 1500 should keep bias intact.
Support is now yesterday's low of 1480 and thereafter 1470, the low of Nov. Further support is at Sep low 0f 1440.
The psychological 1500 is now a resistance and then possibly 1510. Strong resistance is at 1524.
Another close below 1500 should turn the longer term trend to sideways to down.
Sentiment was weak as futures was priced at discount.
The 21 day moving average is now at 1516.
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