The Riskdial on a weekly basis improved to -15. The market duly bounced out of the predicted 2737 low and at the end of the week smashed through the 2864 SPX level.  The odds now favor a further leg to 2950ish and then a slow bleed of risk until the market can muster enough strength to take out the highs. That will take a long time.

A video of my detailed expectations for the near term, with important levels to watch, can be viewed at https://youtu.be/l2YgpSEZUpY

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