FKLI bias stays neutral after an unchanged close.
A close below 2 day low of 1522 will turn bias down and the next support is at 1515.
A close above 1530 will see the return of upward bias and resistance is 1541.
The longer term trend is neutral to down.
Sentiment turned weak as futures was priced at discount to cash.
The 21 day moving average is now at 1500.
R1/1530 R2/1541 R3/1558
S1/1522 S2/1515 S3/1502
No comments:
Post a Comment