Monday, May 20, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains bullish. Volatility falls again so the same-o story plays out in the bulls favor.  Watch VIX 13.12, now at 13.07, market bullish. The broad indexes are flat to positive on the day thus far. The imminent turn notation is removed but the caution sign remains since the algo number is only three points from the signal line. Market bears need VIX under 13.12 and SPX under 1653 today to see the algo flip short.

5/26/13; 7:00 PM EST =
5/20/13; 10:24 AM EST = +46; signal line is +43
5/20/13; 9:30 AM EST = +32; signal line is +42 but algorithm says stay long

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