FKLI bias turned up after the strong close yesterday but it has to close higher to keep bias intact.
Resistance is now 1470, the high of Tue and Wed and followed by 1480, the high of Monday.
The 1460 has now turned into support and thereafter the psychological 1450.
The longer term trend is down.
Sentiment is muted as futures was priced about fair to cash.
The 21 day moving average is now at 1459.
R1/1470 R2/1480 R3/1490
S1/1460 S2/1450 S3/1440
No comments:
Post a Comment