Five Value Areas generated above the 1month Support at 3898. A strong position as long as ES holds that level. More important LT Support is at 3831.
Stocks>50dyma
Nyse 84% (from 83%), Nasdaq 73% (from 73%), R2000 82% (unch). Numbers >50 are supportive.
Sentiment: My version of the Rydex Assets Ratio was lower at 17.37. The Ratio reached 22.66 on 2nd Feb, the highest since February ’20.
