Tuesday, August 18, 2015


Keybot the Quant remains long. The algo continues to track volatility as the main market direction driver currently at VIX 13.48. The VIX is above at 13.92 which ushers in the stock market weakness. Bulls will not continue the path higher with stocks unless VIX drops under 13.48. The algo number is only two points from the signal line so the bulls and bears are battling for control.

Market bears need weaker retail and financial stocks to push the market substantially lower. It would not be surprising to see volatility oscillate above and below the VIX 13.48 level today and tomorrow which will continue to cause the algo number and signal line to converge for a potential turn. For now, the bulls are maintaining control but they need the VIX back under 13.48 as soon as possible.

8/23/15; 7:00 PM EST =
8/18/15; 11:37 AM EST = +20; signal line is +18
8/18/15; 10:11 AM EST = +34; signal line is +18
8/18/15; 9:51 AM EST = +20; signal line is +16
8/18/15; 9:00 AM EST = +34; signal line is +16
8/17/15; 11:02 AM EST = +34; signal line is +16
8/17/15; 9:36 AM EST = +20; signal line is +16

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