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emini SP500 29th September 2021

Posted on September 29, 2021 Written by Chart Prophet

The ST (15day) control has migrated lower to 4367. ES is printing very close pre-RTH. Bulls want ES printing above that level. Time below that price and we could see another run lower.

Sentiment: my version of the Rydex Assets Ratio was slightly lower at 35.51. Down from 38.63 on 09/09, the highest ratio ever, indicating extremely hot sentiment.

Stocks>50dyma
Nyse 42%, Nasdaq 47%, R2000 51%. Numbers >50 are Supportive.

click chart to enlarge

Filed Under: emini SP500 (ES)

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