w/e 01/29, Significant Sellers failed twice to auction ES below the major Support at 3672. There was a rejected test of that level, overnight on the following Monday. Since then, Aggressive Buying has been marked four times. First Level Support is at 3797.
Stocks>50dyma Nyse 80% (from 79%), Nasdaq 90% (from 91%), R2000 88% (from 89%). Numbers >50 are supportive.
Sentiment: My version of the Rydex Assets Ratio was higher at 22.66, the highest level since February last year.
