Key charts
FTSE 100: recent multiple rejections at 6312 (1/2R Resistance off last year’s high). Bulls would want to see that level recovered asap.
DAX: the 4yr is at 12240. Currently DAX prints above that level in a strong position.
Sentiment: My version of the Rydex Assets Ratio was almost at 11.45. 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.
Stocks>50dyma Nyse 64% (from 70%), Nasdaq 63% (from 72%), R2000 62% (from 71%). Numbers >50 are supportive.
