Wednesday, March 16, 2016


Keybot the Quant remains long. The algo prints four numbers today including the pre-scheduled number. The bulls remain in control. Thursday will be a fight between the S&P 500 and commodities. If the SPX moves above 2030, the bulls will begin sending stocks strongly higher. If the GTX drops under 2152, the bears win and stocks will be selling off. If the SPX remains under 2030 and the GTX above 2152, stocks will move sideways with an upward bias. If the GTX falls under 2152, and the SPX under 2010, boom, Keybot will likely flip short, hence the imminent turn notation is placed in the title line above.

For the SPX starting at 2027, the bulls need to push above 2030-2032, a three to five-point gain, and bingo, stocks will accelerate higher. The bears need to push under 2010 to accelerate the downside and if this occurs the algo will probably flip short. A move through SPX 2011-2031 is sideways action. Watch SPX 2030 and GTX 2152 to determine market direction.

3/20/16; 7:00 PM EST =
3/18/16; 10:00 AM EST =
3/16/16; 3:51 PM EST = +65; signal line is +54
3/16/16; 3:43 PM EST = +79; signal line is +52
3/16/16; 11:14 AM EST = +65; signal line is +50
3/16/16; 9:00 AM EST = +51; signal line is +49
3/14/16; 9:36 AM EST = +51; signal line is +48

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