Beautiful thrust to +13 today.

I still consider 2864 SPX as a swing level and funnily enough that is exactly where the middle line of Deviations comes in.  On Wednesday the market will make a decisive move and the odds still favor bonds over equities.  But it could go either way now. The Deviations red line comes in @ SPX 296.8, just above all time highs and so do the monthly and weekly Bollinger Bands.  That is going to be the barrier for the next few days that is almost certain to be retraced.

A stock to look at today is: NKE (buy on all indicated pullbacks). It is breaking out of consolidation.

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

EN
ES EN