Keybot the Quant remains long. The fight continues between volatility and financials. Bulls need VIX under 14.15 to receive more upside fuel. Bears need to push XLF under 21.37 to receive downside fuel. For the SPX for Thursday, starting at 1819, the bulls need to move above 1826.50 and an upside acceleration will occur testing strong 1828 resistance, which should give way quickly, then sending price into the 1830's. The bears need to push under 1816, only 3 points lower, to create a downside acceleration. A move through 1817-1826 is sideways action. The bulls continue to cruise along without worry. Bears need weaker financials, utilities and commodities to position the algo for a move back to the short side.
2/14/14;
10:00 AM EST =
2/12/14; 10:09 AM EST
= +32; signal line is +1
2/12/14; 9:58 AM EST
= +46; signal line is -2
2/11/14;
3:37 PM EST = +32; signal line is -4
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