Friday, February 28, 2014

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. Financials run strongly higher and volatility drops. The VIX is under 13.93 so the bears folded like a cheap suit and the SPX runs to the 1859 resistance and punches up through printing new all-time highs. The bulls are cruising. Bears got nothing unless they push VIX back above 13.93. Bulls will next focus on pushing copper higher (JJC) to receive more upside energy. VIX is currently printing 13.54, the lows of the day, and the SPX is at the highs of the day above 1867. Today is EOM.

3/2/14; 7:00 PM EST EOM =
2/28/14; 10:05 AM EST = +62; signal line is +43
2/28/14; 10:00 AM EST = +48; signal line is +43
2/27/14; 10:41 AM EST = +48; signal line is +44

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