Monday, September 21, 2015


Keybot the Quant remains short as the new week of trading begins with a stock market rally fueled by retail stocks with RTH above the critical 75.91 bull-bear line in the sand. The algorithm is champing at the bit to flip back to the long side with the algo number 9 points above the signal line but the internal programming parameters are not yet fully latched to allow the move. To make things simple, Keybot will likely flip long if the SPX moves above 1990 (now at 1977).

The bulls are setting the stage for an ongoing rally as long as RTH stays above 75.91, if it dips below, all bets are off for the bulls, and the bears will begin sending stocks lower again.

Copper is also key for broad market direction; watch the bull-bear line in the sand at JJC 28.36. JJC is now at 28.24 so if the bulls push higher by another 12 pennies, the broad stock market will move strongly higher. Bears must keep JJC under 28.36.

9/25/15; 10:00 AM EST =
9/21/15; 10:26 AM EST = -26; signal line is -35 but algorithm remains short
9/20/15; 7:00 PM EST = -42; signal line is -36

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