Sunday, February 26, 2017


Keybot the Quant is long moving into the new week of trading. The bulls are in full control floating the stock market higher day after day. The algorithm remains at the maximum and rare record-setting value of +100.

The market bears can only stop the upside in equities with GTX under 2366 (now at 2386), JJC under 30.35 (now at 30.83) and/or VIX above 13.07 (now at 11.47). Any one of the three parameters turning bearish will stop the upside rally and the caution flag will appear in the title line. If 2 of the 3 turn bearish, the imminent turn will be in play, and if the SPX drops under 2353, Keybot will likely flip short.

For the SPX starting the week at 2367, closing at the high on Friday, the bulls need any smidgen of green in the S&P futures and the S&P 500 will run several handles higher into the 2370's after the opening bell. The bears need to push below 2353 to accelerate the downside. A move through 2354-2366 is sideways action for Monday.

Keybot prints two pre-scheduled numbers this week on Tuesday which is the EOM (end-of-month). Commodities, copper and volatility are the three parameters most impacting stock market direction currently.

3/5/17; 7:00 PM EST =
2/28/17; 7:00 PM EST EOM =
2/28/17; 10:00 AM EST =
2/26/17; 7:00 PM EST = +100 signal line is +81
2/24/17; 10:00 AM EST = +100 signal line is +79

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