Friday, August 12, 2016

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long but is champing at the bit to go short. The algo prints a number after the opening bell and then the pre-scheduled number. JJC drops under 24.89 creating stock market weakness. The bears need to push the SPX under 2178 which will likely flip the model short. The SPX is at 2183. Watch JJC 24.89 and SPX 2178. Bulls are okay as long as the SPX stays above 2178.

8/14/16; 7:00 PM EST =
8/12/16; 10:00 AM EST = +64; signal line is +76 but algorithm remains long
8/12/16; 9:36 AM EST = +63; signal line is +77 but algorithm remains long
8/11/16; 9:48 AM EST = +79; signal line is +77

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