No change. SPY +8.5% over the 44-week line — past the +8% trim, so the rules hold growth trimmed to 1× QQQ.
Pillar readings5 / 5 true
P1macro trendSPY > 44-week SMATRUE
P2slope44w SMA rising vs 4w agoTRUE
P3VIX < 25VIX below 25TRUE
P4confirmation4 consecutive weeks above the lineTRUE
P5credit stressHYG < 40-week SMA — stress presentTRUE