The 1mn controlling price has migrated to 3797.00. In the ST that’s significant and price relative to that level is worth monitoring, above/below = strong/weak in the ST.
In the LT, ES is in a strong position if it holds above 3672. Significant Selling (red) being marked below that level would be the first sign of weakness in the longer time-frame.
Stocks>50dyma Nyse 82% (from 81%), Nasdaq 90% (from 89%), R2000 89% (from 87%). Numbers >50 are supportive.
Sentiment: My version of the Rydex Assets Ratio was higher at 20.92. Just below 20.59, the ratio on 18th December, the highest since February.
