FKLI bias has turned down after failing to close above 1535 resistance level, though bias will turn up again should it close above it.
Support is still 1524, the low of Wednesday and thereafter 1518, Tuesday's morning high. Stronger support expected at last week's low of 1510.
After 1535, expect selling around the area of 1540 - 1542, and then April high of 1562.
The longer term trend is up but price has to close above 1580 to confirm it.
Sentiment was surprisingly positive, as futures was priced at slight premium to cash.
The 21 day moving average is now at 1533.
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