The last four Value Areas have been generated above the 3387 Resistance, dashed line, see highlighted comments from 10/01. Buyers back in control from 10/07. First Level Support is 2287, (1/2R).
Stocks>50dyma Nyse 64% , Nasdaq 70%, R2000 65%. Numbers >50 are supportive.
Stocks>50dyma Nyse 66% (from 57%), Nasdaq 64% (from 59%), R2000 66% (from 56%). Numbers >50 are supportive.
Sentiment: My version of the Rydex Assets Ratio reached 14.42 on Wednesday, a 7month high. The ratio fell to 3.35 on 03/17, the lowest since early 2016. The ratio reached 28.62 on 12/27, the highest reading in my database
