The v minor poc (7day) has migrated to 3519.0. Price relative to that level could be useful to monitor in the ST, above/below = strong/weak. Significant Selling (red) marked below that level would mindicate a test of First Level Support at 3387.
Stocks>50dyma Nyse 60% (from 67%), Nasdaq 67% (from 73%), R2000 61% (from 69%). Numbers >50 are supportive.
Sentiment: My version of the Rydex Assets Ratio was higher at 15.79, a 7month high. The ratio fell to 3.35 on 03/17, the lowest since early 2016. The ratio reached 28.62 on 12/27, the highest reading in my database.
