Riskdial @ +38 today, completely steady.

The Deviations red line comes in at 300.5, so about 1% higher than today. If the market trades 294-300 for a couple of weeks, we will be in a position to advance with risk being favored over safety. Look at the video for detailed updates of range expectations. What is interesting is that none of the Sectors are anywhere near the red area in Deviations, indicating to me that the SPY will trade into the red area, propelled by a number of sectors like XLK & XLY.

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

We are in Daily & Monthly Risk On, Weekly still in Risk Off. But probably only till Friday!