Hey Traders,
Here is a quick update of bullish sentiment and NYSE stocks above 200ma. Both of those indicators are at the very least at 3 years highs:
![](https://esecfutures.com/wp-content/uploads/2021/12/image-52.png)
![](https://esecfutures.com/wp-content/uploads/2021/12/image-53.png)
While I will continue to focus on technical levels described in previous updates, I would rather miss the next move up, whatever it might be than chase the tape at this level, unless for intraday scalp
Cheers
Vlad