FKLI bias has turned up and a close above 1494 should keep the bias intact.
Again, expect selling at 1494 and thereafter the psychological 1500. Further up, resistance may come at 1510.
Support is still 1480, also yesterday's low and thereafter week's lowof 1470, also Nov low. A close below 1480 will turn bias down.
The longer term trend is neutral to up.
Sentiment was neutral as futures was priced about fair.
The 21 day moving average is now at 1503.
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