Tuesday, March 19, 2013


Keybot the Quant remains long and the algorithm did not print any numbers yesterday. A pre-scheduled number prints in a few hours. Volatility remains key. If the VIX moves above 14.95, now at 13.36, Keybot will likely flip short. The quant is also tracking semi's; watch SOX 421, now at 428, since Keybot will likely flip short if 421 occurs. Both the VIX and SOX continue to create market positivity unless one of the above numbers are attained.

For the SPX starting at 1552, the bulls need to touch the 1561 handle and an upside acceleration to the all-time closing high at 1565 will occur in quick order. The bears need to push under 1545 to accelerate the downside into the 1530's in quick order. A move through 1546-1559 is sideways action. Markets remain unstable and erratic.

3/24/13; 7:00 PM EST =
3/19/13; 9:00 AM EST =
3/17/13; 7:00 PM EST = +49; signal line is +42

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