Apologies for lateness, internet problems in Bahamas.

Riskdial improved to @ -1. I still consider 2864 SPX as a swing level and funnily enough that is exactly where the middle line of Deviations comes in.  No change in view that this week we are in consolidation mode 2864-2925.  It will take quite a change in riskdial improvement to enable us to power higher, sustainably.

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

We are in Monthly, Weekly and Daily Risk Off, having exited the Counter Trend signal.

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