The model score today improved to -10.   Either we turn back from 2861 or we are going to embark on a long leg higher, through ATHs and into mid 3,000s. The model is saying that all that is rallying are defensive sectors which are yield sensitive.  Better in that case to stick with yields themselves, as it will still take many weeks at this speed of improvement to generate a buy signal and indicate a prolonged phase of risk on.

Owners of OMC & BSX should check to see if this security is still needed in their portfolio, as the picture is rapidly deteriorating in those names.

We are still in full Risk Off, invested in TLT.

We are very near to a big impulsion moment, either up or down.  Maximum protection of portfolio time via options.