First Support is at 4197 and longer-term Support (3mn) is at 4163. ES has been consolidating above that level for two weeks, which is a positive indication.
ST Resistance at 4226.
Sentiment: My version of the Rydex Assets Ratio was slightly lower at 28.45. Down from 29.48 which was close to the all-time high ratio of 30.77 on 04/26.
Stocks>50dyma
Nyse 69% (from 73%), Nasdaq 62% (from 65%), R2000 65% (from 69%). Numbers >50 are supportive.
