Fridays Market Profile was interesting, with all the largest trades being sells at prices from 913p to 922p, yet over half the shares traded on Friday were traded at 920p and higher. With 73% being at at 915p and above there is going to be some unwillingness to sell at lower levels without a general market pullback.
HBOS was showing the way a day or two earlier, watch HBOS for NRK direction.
We need to get below 916p within the next few days for weakness in 2005.
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