Monday, October 5, 2015


Keybot the Quant is long. SOX stays above 618.34 and RTH above 75.58 so the stock market moves higher. JJC remains under 27.91 and VIX above 17.85 so the bears maintain pressure on equities. For Tuesday, bears need lower chips and retail stocks. Bulls need higher copper and lower volatility to verify more upside for the stock market.

For the SPX starting at 1987, the bulls need to push a couple points higher, above 1989, and bingo, an upside acceleration will make the bulls rejoice. The bears need to retrace the big move on Monday a formidable task so instead bears will focus on pushing chips, retail stocks and copper lower and volatility higher.

The bulls are cruising with the algo number 35 points above the signal line so the caution flag is removed. If SOX or RTH turn bearish as described above consider the caution flag to be immediately back in the title line since the bears will be flexing their muscles.

10/11/15; 7:00 PM EST =
10/5/15; 11:12 AM EST = -11; signal line is -46
10/5/15; 10:51 AM EST = -27; signal line is -46

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