I’ve written that I’m staying bullish with the trend but would change that view very quickly with a RTH close below 4117.50 (dashed line), the low of the most recent Buying Day. I stay with that view.
Dayframe: there is minor Support at 4136.50 – worth monitoring.
Sentiment: My version of the Rydex Assets Ratio was higher at 30.77. This is the highest reading ever and a truly extreme reading.
Stocks>50dyma
Nyse 76% (from 75%), Nasdaq 66% (from 62%), R2000 68% (from 67%). Numbers >50 are supportive.
