Wednesday, March 9, 2016


Keybot the Quant remains long. The algo did not print any numbers on Tuesday as the stock market sold off. Status quo remains, however. Bulls need GTX above 2150 to prove they have the beans to move markets higher. Bears need to either push XLF under 21.80 and/or VIX above 19.79 to send stocks lower. One of these three parameters will flinch and tell you the stock market direction ahead.

For the SPX starting at 1979, the bulls need to touch the 1997 handle to create an immediate upside acceleration above 2000. The bears need to push under 1977, only two points lower, to accelerate the downside. S&P futures are up +8 less than one hour before Wednesday's opening bell. A move through 1978-1996 is sideways action. The bulls are driving the bus. Either commodities, financials or volatility (GTX, XLF, VIX, respectively)  is going to switch camps and take stocks in that direction.

3/13/16; 7:00 PM EST =
3/7/16; 1:19 PM EST = +51; signal line is +30
3/7/16; 12:43 PM EST = +65; signal line is +28

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