Sunday, March 15, 2015


Keybot the Quant is short moving into the new week of trading but the algo number is only one point from the signal line. The battle liens are drawn. Flip a coin. The bulls have it on a silver platter if they want to take control. The bulls need UTIL above 574 (only one-point away) and/or VIX under 15.75 to lock in the bull victory moving forward. If either parameter flips into the bull camp, and the SPX touches the 2065 handle, Keybot will likely flip long so tomorrow morning's trade will be interesting.

The bears need to push JJC (copper) under 31.86 and/or XLF (financials) under 24.15 to create selling pressure and send stocks lower. For the SPX starting at 2053, the bulls need to touch the 2065 handle and bingo, it will be a big bull party to begin the week. The bears need to push under 2041 to accelerate the downside. A move through 2042-2052 is sideways action to begin the week. The bears are driving the bus but only hanging on by a thread. The bulls need either higher utilities or lower volatility to take control. Keybot prints one pre-scheduled number this week on Tuesday morning.

3/22/15; 7:00 PM EST =
3/17/15; 9:00 AM EST =
3/15/15; 7:00 PM EST = +23; signal line is +24
3/13/15; 2:02 PM EST = +23; signal line is +26

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