Tuesday, March 15, 2016


Keybot the Quant remains long this week and does not print any numbers in the Tuesday session. The algo prints one number on Monday and the algo number is only three points from the signal line indicating a knock-down drag-out bull-bear battle ongoing into the FOMC decision on Wednesday.

The bears need to push the VIX (volatility) above 19.79 to prove they have the beans to take stocks lower. The bulls need to push GTX (commodities) above 2150 to prove they have the beans to take stocks higher. If GTX remains under 2150 and the VIX under 19.79, stocks stagger sideways with a slight upward bias. So bears need higher volatility while bulls need higher commodities. The imminent turn notation is not listed in the title line above but if the VIX moves above 19.79, Keybot will likely flip short.

For the SPX starting at 2016, any smidge of green in the overnight S&P futures and the SPX is going to accelerate several handles higher after the opening bell up to 2022-2023 in a flash. The bears will fight all night long to keep the S&P futures negative and then need to push the SPX under 2005 after the opening bell to get their mojo back and create a downside acceleration that will be sub 2000 in very quick order. A move through 2006-2015 is sideways action for Wednesday.

3/18/16; 10:00 AM EST =
3/16/16; 9:00 AM EST =
3/14/16; 9:36 AM EST = +51; signal line is +48
3/13/16; 7:00 PM EST = +65; signal line is +47

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