FKLI bias turned up after the positive close but it needs to close above 1570 resistance to keep bias intact.
After 1570, resistance should come at all time high of 1580 and thereafter psychological 1600.
Support is now 1565, the low of yesterday, and then 1560, also a prior low.
The longer term trend is up but price has to close above 1580 to confirm it.
Sentiment stayed positive as futures was price at premium to cash, the third day running now.
The 21 day moving average is now at 1556.
R1/1570 R2/1580 R3/1600
S1/1565 S2/1560 S3/1552
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