FKLI bias stays down after the lower close but it has to close below 1457 today to keep bias intact.
Further support is at 1447 and followed by the low of two week ago at 1440.
Resistance remains at 1473, the high of Wed and thereafter 1480, near the high of Monday.
The longer term trend is down.
Sentiment stayed weak as futures was at discouNt to cash.
The 21 day MAV line is at 1462.
R1/1473 R2/1480 R3/1490
S1/1457 S2/1447 S3/1440
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