Enough time was spent at 4197.5 to migrate the 4mn to that level. ES currently prints below that price and is therefore in a weak position in the ST.
Sentiment: My version of the Rydex Assets Ratio was lower at 25.86. On Tuesday the ratio reached 31.27, the highest ratio recorded indicating extremely hot sentiment.
Stocks>50dyma
Nyse 47% (from 60%), Nasdaq 51% (from 59%), R2000 48% (from 60%). Numbers >50 are supportive.
