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e-mini 29th March 2021

Posted on March 29, 2021 Written by Chart Prophet

Friday’s Value Area was generated back above 3897, the 7 month controlling price, which is now First Level Support, see Friday’s comments. Aggressive Buying was marked.

Stocks>50dyma
Nyse 77%, Nasdaq 58%, R2000 68%. Numbers >50 are supportive.

Sentiment: My version of the Rydex Assets Ratio reached 24.03 on Friday, the highest since February ’20.

click chart to enlarge

Filed Under: emini SP500 (ES)

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