Aggressive Selling was marked on Monday (red) and mechanically that eliminates new longs, at least until Significant Buying is marked again (green). ES auctioned down to First Level Support at 4181 in RTH. Overnight, time has been printed below that level. A value area generated below 4181 would be a negative.
Sentiment: My version of the Rydex Assets Ratio was higher at 27.08, jumping from 20.90. The ratio reached 30.77 on 04/26. This is the highest ratio ever and a truly extreme reading.
Stocks>50dyma
Nyse 75% (from 79%), Nasdaq 49% (from 58%), R2000 56% (from 64%). Numbers >50 are supportive
