FKLI bias turned neutral after yesterday's afternoon rebound.
A close above yesterday's high of 1560 should turn bias and next resistance is 1564.5.
A close below 1553, which it failed to do yesterday, will turn bias down and next support is 1546.
The longer term trend is neutral to down.
Sentiment was neutral as futures was priced about fair.
The 21 day moving average is now at 1548.
R1/1560 R2/1564.5 R3/1570
S1/1553 S2/1546 S3/1540
No comments:
Post a Comment