Tuesday, March 22, 2016

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long and prints two numbers during the Tuesday session. The NYA dipped under its critical 10181 level but recovered. Watch this and SPX 2031 and GTX 2158. All three parameters are bullish creating market upside. If any one turns bearish, that will stop the stock market rally. If two of the three flip bearish, Keybot will likely flip short.

For Wednesday with the SPX starting at 2050, the bulls need to touch the 2057 handle and the upside will accelerate well into the 2060's. The bears need to push under 2041 to accelerate the downside. A move through 2042-2056 is sideways action. Watch the three parameters above to gauge the oomph of any pullback in stocks.

3/27/16; 7:00 PM EST =
3/22/16; 10:26 AM EST = +92; signal line is +74
3/22/16; 9:36 AM EST = +78; signal line is +72
3/21/16; 12:58 PM EST = +92; signal line is +70

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