Tuesday, October 27, 2015


Keybot the Quant remains long moving into the Tuesday session. The algo prints four numbers yesterday; note that the algo number was within 2 points of the signal line before lunch time yesterday. The imminent turn notation is in the title line since the bears have a chance to win back control. If UTIL drops under 589.30, now at 592.05, and the SPX drops under 2067, Keybot will likely flip short. If the bulls push copper higher, JJC above 28.00 now at 27.58, the stock market will rally another leg higher. So bears need lower utilities and bulls need higher copper.

For the SPX starting at 2071, the bulls need to push above 2075 and price will be above 2080 in a flash. The bears need to push below 2067 to accelerate the downside. A move through 2068-2074 is sideways action for Tuesday. The bulls continue driving the bus but the bears are growling in the background. Watch UTIL 589.30. S&P futures point to a couple-point drop in the SPX after the opening bell in a couple hours. Keybot prints a pre-scheduled number at 10 AM EST.

10/3015; 10:00 AM EST =
10/2715; 10:00 AM EST =
10/26/15; 12:01 PM EST = +54; signal line is +38
10/26/15; 11:32 AM EST = +38; signal line is +36
10/26/15; 11:22 AM EST = +54; signal line is +35
10/26/15; 10:46 AM EST = +38; signal line is +32
10/25/15; 7:00 PM EST = +54; signal line is +31

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