Ultra short slightly overbought. Short term is slightly overbought and oddly has a clear declining trend. Medium term has shown clear signs of decline recently. The S&P is resisting this decline so far. This appears to have slight signs of slowing down its ascent. Will it roll over?

We will encounter some seasonal headwinds in the next two weeks. Medium term remains overbought, VIX is slightly oversold, and Long term many stocks haven’t yet recovered from the sell off last fall. It’s not a super low risk time to be buying equities.