Riskdial @ +19, down about 20 with the fall in the market.  This is obviously a correction which will probably peter out at the mid line in Deviations: 292.3. After that we have 286.4 as a big level.

The Deviations red line comes in at 307.4, so a full 3% higher than today’s close. The market has been treading water enough to get the Deviations lines to diverge and can therefore move higher at any stage. One should NOT fight a new closing high, especially now. We are in a position to advance with risk being favored over safety. Look at the Sunday video (link in Weekly Review) for detailed updates of range expectations.

A stock to look at today is: HSY (buy on all indicated pullbacks).  There are approximately 100 stocks in S&P 500 with a perfect trend score.

We are in Daily, Weekly & Monthly Risk On.

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