Both RTH sessions have generated this week Value Areas entirely above 4163, the 3mn controlling price, which is an indication of strength. That level is now important Support.
Sentiment: My version of the Rydex Assets Ratio was unchanged at 25.45. On 04/26 the ratio reached 30.77. This is the highest ratio ever and a truly extreme reading.
Stocks>50dyma
Nyse 63% (from 70%), Nasdaq 46% (from 53%), R2000 47% (from 56%). Numbers >50 are supportive.
