FKLI bias is neutral after the weak close but a close below 1522 should turn bias down.
Support is then at 1515, the low of the week, and followed by 1502, the low of last week.
Resistance is still 1530 and thereafter 1541.
The longer term trend is neutral to down.
Sentiment is neutral as futures was priced about fair.
The 21 day moving average is now at 1497.
R1/1530 R2/1541 R3/1558
S1/1522 S2/1515 S3/1502
No comments:
Post a Comment