The last five Value Areas have been generated above the 3387 Resistance, dashed line, see highlighted comments from 10/01. Buyers back in control from 10/07. First Level Support is 2287, (1/2R).
Stocks>50dyma Nyse 67% (from 64%), Nasdaq 73% (from 70%), R2000 69% (from 65%). Numbers >50 are supportive.
Stocks>50dyma Nyse 66% (from 57%), Nasdaq 64% (from 59%), R2000 66% (from 56%). Numbers >50 are supportive.
Sentiment: My version of the Rydex Assets Ratio was lower at 13.04, having reached 14.42 last Wednesday, a 7month high. 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
