FKLI bias is neutral after the Hammer close yesterday, but bias will turn up should it close above 1465 today.
Higher up expect support at 1475 and the recent high of 1490.
Support is now yesterday's low of 1440 and followed by 1428.
The longer term trend is down.
Sentiment stayed weak as futures was price as discount to cash.
The 21 day moving average is now at 1441.
R1/1465 R2/1475 R3/1490
S1/1440 S2/1428 S3/1420
No comments:
Post a Comment