Monday, August 17, 2015


Keybot the Quant is long as the new week of trading is set to begin. The bulls are in the driver's seat. The bears need higher volatility. VIX begins at 12.83 well under the bull-bear line at 13.58 that is creating stock market upside.

For the SPX starting at 2092, the bulls only need one point of upside and the SPX will catch a bid to 2100. The bears need to push under 2081 to accelerate the downside. A move through 2082-2092 is sideways action to begin the week. Keybot prints one pre-scheduled number this week tomorrow morning.

8/23/15; 7:00 PM EST =
8/18/15; 9:00 AM EST =
8/16/15; 7:00 PM EST = +34; signal line is +16
8/14/15; 10:00 AM EST = +34; signal line is +16

Note Added 10:35 AM: VIX had jumped above 14 creating stock market weakness but now retreats down to 13.58. The algorithm identifies 13.48 as the key bull-bear line in the sand. The VIX is staggering sideways at this level for the last one-half hour and will break one way or the other. Market bears win with equities selling off if VIX moves higher. Market bulls win and send stocks higher if the VIX drops.

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