- Light trailing stops reported above 100.75/80
- Sell orders 101.10/20
The overnight low was just above 100.00 which strengthens the view that barriers are in place and will be defended. Those who buy to defend the barrier, will offload these sales on rallies in order to replenish their ammunition. In my experience, big barriers can often survive 2 or 3 serious attempts but seldom any more than that.
