Thursday, July 30, 2015


Keybot the Quant remains long and did not print any numbers on Wednesday. Volatility remains low slapping the bears around each day. Bears got nothing unless they can push the VIX above 13.76 (now at 12.50). If the VIX remains under 13.76, stocks float higher.

For the SPX starting at 2109, the bulls need two points, to touch the 2111 handle and bingo, an acceleration will occur to 2118 in a heartbeat. S&P futures are flat about 2-1/2 hours before the opening bell. The bears need to push under 2094 to accelerate the downside. A move through 2095-2110 is sideways action for Thursday. Interestingly, if the VIX moves above 13.76 and the SPX under 2094, Keybot will likely flip short. For now, the bulls remain in party mode.

8/2/15; 7:00 PM EST EOM =
7/31/15; 10:00 AM EST =
7/28/15; 1:08 PM EST = +3; signal line is -12

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