Sunday, November 20, 2016


Keybot the Quant remains long. The algo did not print any numbers on Friday. The bulls win with lower volatility and higher retail stocks. Bears need VIX above 13.88 and/or RTH under 76.60 to create downside in stocks. Bulls need stronger commodities and utilities to create further upside; watch GTX 2250 and UTIL 651.

The bulls are in control with the S&P 500 knocking on the door of new all-time record highs. For the SPX starting at 2182 on Monday, the bulls need to touch the 2190 handle and bingo, trumpets will sound as the S&P 500 rockets to new highs accelerating towards 2200 like a madman. The bears need to push below 2180 to accelerate the downside quickly into the 2170's. A move through 2181-2189 is sideways action to begin the week.

Keybot prints one pre-scheduled number this week on Wednesday. The market bears need VIX above 13.88 or they got nothing. Stocks will float higher if VIX maintains a 12-handle.

11/27/16; 7:00 PM EST =
11/23/16; 10:00 AM EST =
11/20/16; 7:00 PM EST = +48; signal line is +28
11/17/16; 9:00 AM EST = +48; signal line is +27

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