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e-mini 31st March 2021

Posted on March 31, 2021 Written by Chart Prophet

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

Stocks>50dyma
Nyse 75% (from 73%), Nasdaq 54% (from 52%), R2000 64% (from 61%). Numbers >50 are supportive.

Sentiment: My version of the Rydex Assets Ratio reached 24.43 on Monday, the highest since February ’20. Slightly lower at 23.49 on Tuesday.

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Filed Under: emini SP500 (ES)

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