Riskdial @ -4, almost unchanged on the day. This constant movement either side of neutral basically says not to chase. Whatever trend there is, is weak and vulnerable to quick reversals. It is a low volatility environment and sell puts rather than own outright for now.

The market is above the Deviations centre line at 295. That represents a buying area. The red area is not till 305.5, so there is the potential for still 2% rally before this wave is exhausted. But the Riskdaial implies that it will be slow and frustrating.

A stock to look at today is: DGX (buy on all indicated pullbacks).  There are approximately 90 stocks in the S&P 500 with a perfect trend score and all fairly close to, or making new all time highs.

We are in Risk OFF. But the Daily model is fast approaching a switch to Risk On.

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