Riskdial @ -12, down 8 with the market break lower. This constant movement either side of neutral basically says not to chase. Whatever trend there is, is weak and vulnerable to quick reversals. It is a low volatility environment and sell puts rather than own outright for now.
The market is still above the Deviations centre line at 295. Only a break of this area will signify more weakness.
A stock to look at today is: FE (buy on all indicated pullbacks). There are approximately 80 stocks in the S&P 500 with a perfect trend score and all fairly close to, or making new all time highs.
We are in Risk OFF. But the Daily model is fast approaching a switch to Risk On, still.