Riskdial has improved from -28 to -23. Now it will find it much harder to improve without actually taking out some important spread levels. All it has done so far is take back undefended ground.  I still consider 2864 SPX as a swing level and funnily enough that is exactly where the middle line of Deviations comes in.

All to play for here. A weekly close above 2864 would actually impress me and make me feel much more bullish than I am right here.

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

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