Friday, March 17, 2017

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short but the bulls keep pushing for control. The pre-scheduled number prints this morning creating an interesting outcome. Both the algo number and the signal line are,....... wait for it, ........the same number at +86. Keybot is setting up to go long but the internal programming parameters are not yet latched to permit the move. The status is quo with the three previous parameters highlighted, JJC 30.40, VIX 12.48 and GTX 2345. Copper and volatility remain bullish while commodities remain bearish. One of these three should flinch at some point forward.

The SPX is,....... wait for it, ........2379, where the algo went short a few days ago. The markets are providing a lot of theatrics and drama but not going anywhere. Pay attention to copper; it may start playing games. The JJC 30.40 level is key.

3/19/17; 7:00 PM EST =
3/17/17; 10:00 AM EST = +86; signal line is +86 but algorithm remains short
3/16/17; 9:00 AM EST = +86; signal line is +87

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