Tuesday, December 29, 2015


Keybot the Quant remains long as the market continues whipsaw behavior. Bulls need JJC above 25.01 to prove up is the continued path ahead for the stock market so watch to see if copper trades higher. Bears need weaker utilities and financials, UTIL under 580.50 and XLF under 23.85, respectively, if they want to send stocks lower.

For the SPX starting at 2078, the bulls need to touch the 2082 handle and boom, price will accelerate higher to 2090 in quick order. The bears need to push under 2061 to accelerate the downside. A move through 2062-2081 is sideways action for Wednesday.

1/3/16; 7:00 PM EST EOM; EOQ4; EOY 2015 =
12/29/15; 10:00 AM EST = +52; signal line is +15

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