Sunday, March 19, 2017


Keybot the Quant is short heading into the new week of trading but the algo wants to flip long. The internal programming parameters are not completely latching to allow the move. The bulls need GTX above 2345 to gain upside strength for stocks. The bears need JJC under 30.41, RTH under 78.22 and/or VIX above 12.48. One of the above four parameters need to flip to prove the direction ahead. Until then, more choppy sideways.

Watch to see if JJC jogs above and below 30.41 since that may hint that the algo is getting ready to flip long. The bears need copper to weaken and JJC to drop through 30.41 and to continue lower.

For the SPX starting at 2378, the bulls need to push above 2386 to accelerate the upside which will quickly run into the low 2390's. The bears need to push below 2378, only one point lower, to accelerate the downside. A move through 2379-2385 is sideways action to begin the week. Keybot does not print any pre-scheduled numbers this week.

3/26/17; 7:00 PM EST =
3/19/17; 7:00 PM EST = +86; signal line is +86 but algorithm remains short
3/17/17; 10:00 AM EST = +86; signal line is +86 but algorithm remains short

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