Keybot the Quant remains short as stocks rally to begin the new week. The algo prints three numbers today and prints a pre-scheduled number tomorrow morning shortly after trading begins. If the GTX moves above 2272 and SPX above 2183, Keybot will likely flip long. If GTX turns bullish, consider the imminent turn to the long side to be in play. If RTH slips under 79.53, stocks will begin selling off. If VIX moves above 14.47, stocks will be falling like a rock.
For the SPX on Tuesday starting at 2180, the bulls need three points higher, to move above 2183 and stocks will accelerate higher towards 2190. The bears need to push below 2170 to get their mojo back. A move through 2171-2182 on Tuesday is sideways action. The beat goes on.
8/31/16;
7:00 PM EST EOM =
8/30/16;
10:00 AM EST =
8/29/16; 11:24 AM EST
= +64; signal line is +75
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