FKLI bias stays up and a close above 1500 should keep bias intact.
After the psychological 1500, expect resistance at 1510, 1518 and thereafter 1524, level which it failed to close above in the past 4 weeks.
Support is still 1494, the low of Friday and then 1480 and 1470, last weeks low.
The longer term trend is neutral to up.
Sentiment was somewhat weak as futures was priced at discount to cash.
The 21 day moving average is now at 1503.
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