The stock market opened the 2nd quarter on a very weak note, bringing the S&P 500 closer to our objective of around 2500. Finally, our indicators are converging and we start to observe some kind of capitulation among our various measures of sentiment : fear/greed index, capitulation index, weekly sentiment and put/call ratios. The synchronicity of various components of our model should soon open the door to an attractive buying opportunity. Our risk profile index has improved sharply.