Thursday, March 10, 2016

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long but a turn to the short side may be imminent. If XLF drops under 21.80 and SPX under 1976, Keybot will likely flip short. The bulls need to push GTX above 2050 to signal the all-clear for upside in stocks. So it is a battle between financials and commodities. If XLF loses 21.80, stocks should drop like a stone. If VIX then moves above 19.79, stocks will accelerate lower. One of these three parameters, XLF, GTX or VIX, will flinch and tell you the market direction.

3/13/16; 7:00 PM EST =
3/10/16; 9:36 AM EST = +51; signal line is +40
3/9/16; 1:37 PM EST = +65; signal line is +38
3/9/16; 1:28 PM EST = +51; signal line is +37
3/9/16; 11:27 AM EST = +65; signal line is +35
3/9/16; 10:57 AM EST = +51; signal line is +33
3/9/16; 10:42 AM EST = +65; signal line is +32
3/7/16; 1:19 PM EST = +51; signal line is +30

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