ES needs to recover 4181 before I look at new longs. That controlling price could migrate (best guess would be to 4122.5) and that would change things. Next big Support is at 3897.
Sentiment: My version of the Rydex Assets Ratio was higher at 25.20. The ratio reached 30.77 on 04/26. This is the highest ratio ever and a truly extreme reading.
Stocks>50dyma
Nyse 57% (from 71%), Nasdaq 35% (from 47%), R2000 35% (from 52%). Numbers >50 are supportive.
