Sunday, December 27, 2015


Keybot the Quant is on the long side moving into the new week of trading. The market bulls need UTIL above 581.70 which will verify more broad market upside. The market bears need to push the SPX under 2053 to create market negativity. Bears got nothing unless the SPX moves below 2053. If the SPX slips under 2053, the caution flag will be immediately out, and if XLF slips under 23.82, the imminent turn flag will be out; Keybot would likely be in position to flip short.

For the SPX starting at 2061, only 2 points positive on the entire year with 4 trading days remaining in 2015, the bulls need to push above 2067 to create an upside acceleration quickly into the 2070's. The bears need to push under 2059, only a couple points lower to create a downside acceleration that will quickly test the 2053 mentioned above for a critical bounce or die decision that would determine the broad stock market direction ahead. A move through 2060-2066 is sideways action to begin the week but since this is a fairly tight range, a winner and loser will likely be decided on Monday.

Keybot prints one pre-scheduled number this week on Tuesday morning and the year's data can be closed out and 2016 started next weekend.

1/3/16; 7:00 PM EST EOM; EOQ4; EOY 2015 =
12/29/15; 10:00 AM EST =
12/27/15; 7:00 PM EST = +33; signal line is +9
12/24/15; 11:07 AM EST = +33; signal line is +9

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