Saturday, June 11, 2016


Keybot the Quant motored quietly through the week printing the pre-scheduled number yesterday morning and the algo printed one more number in the afternoon. The signal line is only 3 points above the signal line with the bulls remaining in charge. Note how the banks, XLF, came down to kiss the 23.11-23.14-ish level called out by the algorithm ahead of time, and bounced. That was the tell. If XLF fails under 23.11, the stock market will slide down the rabbit hole. The bulls will need to drive volatility lower to regain control and move stocks higher.

Parameters and levels can be identified once the Sunday pre-scheduled number prints tomorrow. The week will begin with a big fight between financials and volatility and the winner will send the stock market in that direction (lower financials for happy bears and lower volatility for happy bulls).

6/12/16; 7:00 PM EST =
6/10/16; 1:57 PM EST = +66; signal line is +63
6/10/16; 10:00 AM EST = +80; signal line is +62
6/5/16; 7:00 PM EST = +80; signal line is +61

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