Wednesday, March 15, 2017


Keybot the Quant remains short after the Federal Reserve hikes the key rate by 25 bips today. The algo prints three numbers in the morning before the Fed announcement. The algo number is only one point under the signal line. The caution flag is out. Bulls need GTX above 2345 to create more buying in stocks. Watch JJC 30.39, now at 30.58 creating bullishness in the stock market. If you see JJC oscillating above and below the 30.39 number tomorrow, the model is likely setting up to go long.

Bears need to push JJC under 30.39 and keep it under. The bears need RTH under 78.16 and/or the VIX above 12.51. RTH came down to the 78.16-ish level, that the algo called out ahead of time, and bounced.

For the SPX on Thursday starting at 2385, the bulls need to push above 2390 and price will be on its way to 2400. The bears need to push below 2369 to accelerate the downside. A move through 2370-2389 is sideways action for Thursday. The bears are hanging on by a thread. The bears need lower copper and retail stocks and higher volatility.

3/19/17; 7:00 PM EST =
3/17/17; 10:00 AM EST =
3/16/17; 9:00 AM EST =
3/15/17; 11:31 AM EST = +86; signal line is +87
3/15/17; 11:12 AM EST = +70; signal line is +88
3/15/17; 9:36 AM EST = +86; signal line is +88
3/12/17; 7:00 PM EST = +70; signal line is +88

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