FKLI bias is neutral after the weak close and a close below 1375 should turn bias down.
Further support is expected at Thursday low of 1350 and then 1340.
Resistance is still at psychological 1400, near the high of Friday and then 1420.
The longer term trend is down.
Sentiment stayed weak as basis discount remains.
The 21 day moving average is now at 1416.
R1/1400 R2/1420 R3/1447
S1/1375 S2/1350 S3/1340
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