The 4mn Support is at 4163. This held on recent decline. A Value Area printed below that level would be a bearish development in the longer time-frame. There is minor Support at 4197.
Sentiment: My version of the Rydex Assets Ratio was higher at 31.11. Close to the ratio on 06/15 when it reached 31.27, the highest ratio recorded indicating extremely hot sentiment.
Stocks>50dyma
Nyse 47% (from 42%), Nasdaq 57% (from 50%), R2000 52% (from 46%). Numbers >50 are supportive.
