Keybot the Quant remains long. Bulls need JJC above 24.60 and bears need RTH under 75.78 but both sides are in a stalemate. Bears would benefit from higher volatility if the VIX moves above 16.90. US stocks are trading for the first time since last Friday.
Keybot prints the first pre-scheduled number this week resulting in a one-point drop in the algo number. The algo number is 22 points above the signal line so the bulls remain relaxed about the path ahead. Bears need lower retail stocks and bulls need higher copper. SPX prints a HOD at 2103.48.
Keybot prints the first pre-scheduled number this week resulting in a one-point drop in the algo number. The algo number is 22 points above the signal line so the bulls remain relaxed about the path ahead. Bears need lower retail stocks and bulls need higher copper. SPX prints a HOD at 2103.48.
5/31/16;
7:00 PM EST EOM =
5/31/16; 10:00 AM EST
= +80; signal line is +58
5/29/16;
7:00 PM EST = +81; signal line is +58
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.