FKLI bias turned after a lower close and it has to close below 1458 to keep bias intact.
Below 1458, the next support is 1447, the last week's low and thereafter 1438, the low of three weeks ago.
Resistance is still 1465, which held strong last week and thereafter the gap of 1490.
The longer term trend is neutral to down.
Sentiment stayed weak as futures was priced at discount to cash.
The 21 day moving average is now at 1471.
R1/1465 R2/1490 R3/1500
S1/1458 S2/1447 S3/1438
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