FKLI bias seem to turn up with the near high of the day close, with bullish engulfing candle construction. A close above 1515 should keep bias up.
Resistance is still 1524, near the high of last week and then 1533 and 1540, the high of two weeks back.
Support is still the psychological 1500 level, where price bounced off yesterday.
The longer term trend is still up.
Sentiment was upbeat, a change from the past week, as futures was priced at premium to cash.
The 21 day moving average is now at 1520.
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