FKLI bias turned up following close above psychological resistance 1550 level, but price has to close above 1552 to keep bias intact.
Resistance is still 1556, about yesterday's high and thereafter 1564, the gap of January.
The 1550 level has now turned support, expect buying near last week's low of 1545 and the gap of 1536-33.
The longer term trend is up but price has to close above 1580 to confirm it.
Upbeat sentiment returned as futures was price as premium to cash.
The 21 day moving average is now at 1543.
R1/1556 R2/1564 R3/1570
S1/1550 S2/1545 S3/1536-33
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