The minor (1mn) controlling price has shifted down to 3435.5. Important for Bulls that ES holds this level. Time below that migrated poc would not be strong price action. Bulls would wantto see Significant Buying (green) marked above that level. There is Support at 3387, the 1/2R off September high and price below that point would be a further sign of weakness.
Sentiment: My version of the Rydex Assets Ratio was higher at 16.08. The ratio reached 17.14 last week, 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.
