w/e 01/29, Significant Sellers failed twice to auction ES below the major Support at 3672. Following a rejected test of that level Aggressive Buying has been marked five times. First Level Support is at 3797.
Stocks>50dyma Nyse 79%, Nasdaq 88%, R2000 86%. Numbers >50 are supportive.
Sentiment: My version of the Rydex Assets Ratio ended the week at 19.58. The Ratio reached 22.66 on Wednesday, the highest since February.
