FKLI bias is nuetral failing to close below 1557, but bias should turn back down on close below it.
Below 1557, support may come at around the psychological level 1550 and then last week's low of 1545.
Resistance is still 1565, which put a cap on price yesterday, and then 1570 and 1580. A close above 1565 should turn bias up.
The longer term is still up but price has to close above 1580 to confirm it.
Sentiment turned weak as futures was priced at discount to cash.
The 21 day moving average is now at 1575.
R1/1565 R2/1570 R3/1580
S1/1557 S2/1552-50 S3/1545
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