Pre-open Thursday 10th March
ES valiantly pushing slowly higher on Wednesday with still no Response from the Sellers. Wednesday found support at Tuesday’s poc (dotted) which keeps the minor uptrend intact for this week. That level, 1139.5, is today’s First Level S/R.
ST sentiment: My version of the Rydex Assets ratio up slightly to 2.1.
The ISEE (equity only) Index came in high again at 234. Every number this week has been above 200 which is rare. The last time we had three consecutive days above 200 was at the January price high.
