FKLI bias is neutral after the weak close last Friday.
Resistance is now at 1556 and a close higher should turn bias up and next resistance is at 1562.
Support is now at 1548 and a close below should turn bias down and next support is at 1540.
The longer term trend is neutral to down.
Sentiment stayed weak as futures was cheap to cash.
The 21 day moving average is now at 1527.
R1/1556 R2/1562 R3/1570
S1/1548 S2/1540 S3/1536
No comments:
Post a Comment