Sunday, April 10, 2016


Keybot the Quant remains short moving into the Monday session to begin a new week of trading. GTX is under 2146, NYA is under 10141 and XLF is under 22.16 which provide the bear negativity pushing the stock market lower. Bulls need to turn at least one of these three parameters bullish and that will stop the market selling. If 2 of the 3 turn bullish, and the SPX moves above 2061, Keybot will probably flip long. If 2 of 3 turn bullish consider the imminent turn to the long side to be on tap.

The market bears are fine if the three parameters above remain in the bear camp. If the stock market rallies but the three parameters remain bearish, then stocks will roll back over to the downside. The bears need either SPX under 2029 and/or RTH under 75.15 to flush markets lower.

For the SPX starting at 2048, the bulls need to touch the 2061 handle to create an upside acceleration. The bears need to push under 2042 to accelerate the downside. A move through 2043-2060 is sideways action to begin the week. Keybot prints one pre-scheduled number this week on Friday morning.

4/17/16; 7:00 PM EST =
4/15/16; 10:00 AM EST =
4/10/16; 7:00 PM EST = +34; signal line is +59
4/8/16; 2:28 PM EST = +34; signal line is +61

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