Riskdial steady @ +59.  The SPY is very close to the red zone in Deviations and I expect a choppy market for the next few sessions, with some backing and filling.  If even this does not dislodge the riskdial lower, we will have a spurt higher immediately after the shallow consolidation. The key level for this year remains 2864 SPX, as far as I am concerned.

The MAs on the Daily Model are now positive (triggered Thursday 18th April, as explained).  The Weekly Model is likely to trigger long equities on the 2nd Friday of May.

A stock to look at today is: ROP (buy on all pullbacks).

We are in Daily Risk On, with 20% in equities and rest still invested in TLT.

Odds heavily favor the upside in equities.

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