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e-mini 1st April 2021

Posted on April 1, 2021 Written by Chart Prophet

Last four Value Areas generated back above 3897, the 7 month controlling price, which is First Level Support. Strong position if that level holds.

Stocks>50dyma
Nyse 74% (from 75%), Nasdaq 56% (from 54%), R2000 65% (from 64%). Numbers >50 are supportive.

Sentiment: My version of the Rydex Assets Ratio reached 24.43 on Wednesday, the highest since February ’20.

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Filed Under: emini SP500 (ES)

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