FKLI bias turned up after the higher close and it has to close above 1375 to keep bias intact.
After 1375, next resistance is expected at psychological 1400, the high of last week, and then 1420.
Support is still 1350, the low of yesterday's afternoon session and then 1340, which was tested 3 times in the past 2 weeks.
The longer term trend is down.
Sentiment also turned positive as futures was priced at significant premium to cash.
The 21 day moving average is now at 1407.
R1/1375 R2/1400 R3/1420
S1/1350 S2/1340 S3/1320
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