The 3mn controlling price at 4163.0 was exceeded on Friday and pre-open today ES is printing above that level in a strong position. A Value Area generated above that price would be bullish. Bulls would want to see ES hold 4163 or recover a test quickly.
Sentiment: My version of the Rydex Assets Ratio ended the week at 22.20. On 04/26 the ratio reached 30.77. This is the highest ratio ever and a truly extreme reading.
Stocks>50dyma
Nyse 68%, Nasdaq 52%, R2000 54%. Numbers >50 are supportive.
