FKLI bias is still down an a close below 1487 should keep trend down.
Support is still 1485, which is also Dec low and thereafter Nov low of 1470.
Psychological 1500 remains as resistance. Further up, expect resistance at gap of 1522 - 1524.
The longer term trend is still up.
Sentiment stayed weak as futures was priced cheap.
The 21 day moving average is now at 1540.
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