Overnight there has been a sell-off with ES printing below 4300 pre-open. 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 was higher at 29.63. On 06/15 the ratio reached 31.27, the highest ratio recorded, indicating extremely hot sentiment.
Stocks>50dyma
Nyse 37% (from 45%), Nasdaq 46% (from 52%), R2000 37% (from 45%). Numbers >50 are supportive.
