Despite the lower close, bias could have turned up after another positive candle yesterday (a hammer with long tail), which followed the positive long white candle on Monday. But price has to close above 1515 resistance, also Monday's high, to confirm the upward bias.
Further resistance is expected at 1524, the support level of last week and the 1533, another important support and resistance level.
Support is still 1485, where price bounced off yesterday, also the important Dec low. Further down, expect support at Nov low of 1470.
The longer term trend is still up.
Sentiment was neutral and futures was priced about fair.
the 21 day moving average is now at 1534
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