FKLI bias stays down after failing to close above 1550 and price has to close below 1545 support, also last week's low, to keep bias intact.
Below that, expect support at 1540, near yesterday's low, and then 1535, the low of June.
The psychological 1550 has now turned resistance followed by 1555, the low of early week.
The longer term trend is up but price has to close back above 1580 to confirm it.
Sentiment stayed weak despite the 'hammer' in cash, as futures was priced cheap.
The 21 day moving average is now at 1572.
R1/1550 R2/1555 R3/1562-65
S1/1545 S2/1540 S3/1535
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