FKLI bias stayes down and another close below 1520 should keep bias intact.
Support is now the prior resistance of 1518 and thereafter the late March of 1505. Light support may come at 1513.
Resistance is now expected at 1524 and then 1530. Thereafter, selling may come at yesterday's high of 1540.
The longer term trend is up but price has to close above 1580 to confirm it.
Sentiment stays weak as futures was priced at discount.
The 21 day moving average is now at 1524.
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