The reports I got earlier, that 1.3500 barrier option interest was expected to be defended with some gusto, are right so far. Having been as high as 1.3492 we’re back down at 1.3476.
But given the relentless march higher we’ve been seeing of late, one has to wonder how long the line can remain unbreached. Maybe it’ll survive today, especially if US stocks struggle to build on their earlier gains.
S&P presently up 1.88%.