FKLI bias turned up after the higher close but it has to close above 1523.50 to keep bias intact.
If broken, next resistance is 1532.50, tested several times last week, and thereafter 1541.
Support is still 1515, the gap of Wednesday and followed by 1510.
The longer term trend is neutral to down.
Sentiment is upbeat as futures was price at significant premium to cash.
The 21 day moving average is now at 1512.
R1/1523 R2/1532 R3/1541
S1/1515 S2/1510 S3/1502
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