FKLI bias is neutral after the close near day high but a close above 1375 is needed for price to trend higher.
Resistance is now at 1378, gap of Friday, followed by psychological 1400 and 1420.
Support is now April 2010 high of 1350 and thereafter 1330 and psychological 1300.
The longer term trend is down.
Sentiment was somewhat positive as futures was priced at premium to cash.
The 21 day moving average is at 1441.
R1/1378 R2/1400 R3/1420
S1/1350 S2/1330 S3/1300
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