Significant Buyers have been very Active recently and Effective. Aggressive Buying (green) has been marked six times in ten days.
The 4mn Support is at 4163. This held on a recent test. A Value Area printed below 4163 would be a bearish development in the longer time-frame. A RTH close below the low of Friday’s Buying Day, 4318.50 (dashed), would be the first sign of weakness on the minor time-frame.
Sentiment: My version of the Rydex Assets Ratio finished the week at 23.85. On 06/15 the ratio reached 31.27, the highest ratio recorded, indicating extremely hot sentiment.
Stocks>50dyma
Nyse 45%, Nasdaq 52%, R2000 45%. Numbers >50 are supportive
