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emini SP500 16th June 2021

Posted on June 16, 2021 Written by Chart Prophet

Minor Support (15day) is at 4226. First Support in the longer-term is at 4197 and longer-term Support (3mn) is at 4163.

Sentiment: My version of the Rydex Assets Ratio was higher at 31.27. This is the highest ratio recorded. Sentiment is running extremely hot.

Stocks>50dyma
Nyse 65% (from 64%), Nasdaq 59% (from 60%), R2000 60% (from 59%). Numbers >50 are supportive.

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Filed Under: emini SP500 (ES)

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