Monday, July 13, 2015

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long with the algo number now 35 points above the signal line. The NYA moves above the critical 10918 bull-bear line in the sand (now at 10930). It is very important for bears to push the NYA back under or they are in serious trouble. The bulls will receive more upside fuel if the VIX drops under 14 (now at 14.64). So bears can stop the stock rally with NYA under 10918 and bulls can send stocks above SPX 2100 if VIX loses the 14 level. If both levels remain status quo stocks will stumble sideways at current levels. The bulls are cruising to begin the week. The battle continues between the NYA Index and volatility.

7/17/15; 9:00 AM EST =
7/13/15; 9:36 AM EST = +8; signal line is -27
7/12/15; 7:00 PM EST = -6; signal line is -28

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