FKLI bias turned down and price has to close below 1550 to keep bias intact.
Below the psychological 1550, expect support at last weeks low of 1545 and then Jun low of 1535.
Resistance is still at 1565 and the the low of two week's back 1570.
The longer term trend is up but price has to close above 1580 to confirm it.
Sentiment stayed downcast as futures was priced at discount to cash.
The 21 day moving average is now at 1574.
R1/1562-65 R2/1570 R3/1580
S1/1552-1550 S2/1545 S3/1535
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