Monday, February 29, 2016


Keybot the Quant remains long. Volatility dropped so the bulls were celebrating but then the VIX ran higher into the closing bell punching the bulls in the face. Watch volatility, copper and retail stocks to determine stock market direction. Bulls win if VIX drops under 19.70. Bears win if either RTH drops under 72.80 and/or JJC under 23.95. If one of these two turn bearish, and the SPX is under 1932 and dropping, Keybot wil likely flip short.

For the SPX starting Tuesday at 1932, the bears only need a smidge of red in the overnight S&P futures and the SPX will accelerate lower after the opening bell. The market bulls need to push above 1958 to regain their mojo. A move through 1932-1957 is sideways action for Tuesday. The benchmark SPX lost -0.4% during the month of February and will begin March at 1932.

3/4/16; 9:00 AM EST =
2/29/16; 7:00 PM EST EOM = +21; signal line is +20
2/29/16; 1:35 PM EST = +21; signal line is +20
2/29/16; 11:15 AM EST = +35; signal line is +20
2/28/16; 7:00 PM EST = +21; signal line is +20

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