Afternoon all,
Bids were filled all the way down overnight except those at 0.7500. Apparently there is good size to buy at that level. There are some small stops under 7480 but i think most weak longs were cut overnight under 7550. Traders have some to sell here at 7560 which might contain it for a while. Need to respect 7500 for now, under that we get another clean out.
On the day im playing the 7500 – 7600 range.
Overall I looking at establishing longs down in the 7330-80 zone for the next leg up.
