FKLI bias stays up after printing the highest close for the week, above 1510 and 1515 resistance levels, Wednesdays's and Monday's high repectively.
The 1524, the support of early Feb, is now the next resistance, followed by 1533 and 1540.
The 1510 and 1515 resistance levels have not turned support but stronger support is still 1500 psychological level and thereafter, the Dec low of 1548.
The longer term trend is still up.
Sentiment is neutral as futures is priced about fair.
The 21 day moving average is now at 1528.
No comments:
Post a Comment