FKLI bias stays down but it as to close below 1470 to keep bias intact.
Support remains at 1470, the low of last week and then the uncovered gap of 1455.
The gap of Friday of 1485-90 has now turned resistance and expect stronger selling at psychological 1500 level.
The longer term trend is still neutral.
Sentiment remained subdued, as it did more most part in the last two weeks, as futures was price at discount to cash.
The 21 day moving average is now at 1517.
R1/1485-90 S2/1500 S3/1508
S1/1470 S2/1455 S3/1436
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