Monday, September 21, 2015


Keybot the Quant remains short as RTH dances above and below 75.91 taking the broad indexes to and fro. Bulls need RTH above 75.91 to signal the all-clear for the upside in stocks and then if JJC moves above 28.35 the bulls will be running strongly higher. Bears need to keep RTH and JJC in the bear camp which will stall any upside in equities. If RTH or JJC turn bullish as described above, either one would do, and the SPX moves above 1980, Keybot will likely flip long.

For the SPX starting at 1967, the  bulls need to move above 1980 and boom, the upside will accelerate. The bears need to push under 1956 and stocks will accelerate lower. A move through 1957-1979 is sideways action for Tuesday. The imminent turn notation remains in the title line since markets are a toss-up. That RTH 75.91 will tell you the market direction answer after the opening bell.

9/25/15; 10:00 AM EST =
9/21/15; 3:20 PM EST = -42; signal line is -35
9/21/15; 2:50 PM EST = -26; signal line is -35 but algorithm remains short
9/21/15; 11:40 AM EST = -42; signal line is -35
9/21/15; 10:26 AM EST = -26; signal line is -35 but algorithm remains short

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.