Friday, March 10, 2017

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short after the US Monthly Jobs Report. The stock market is staggering sideways with the SPX up 10 points at 2375. Copper and commodities remain bearish. Retail stocks remain bullish. VIX is at 11.63. The bears need higher volatility and VIX above 12.71 which will create big selling in the stock market. The bulls are in great shape with the VIX under 12.71; the bulls are cheering the ongoing low volatility laughing at the bears and poking them with a stick.

3/12/17; 7:00 PM EST =
3/10/17; 9:00 AM EST = +70; signal line is +89
3/7/17; 10:17 AM EST = +70; signal line is +90

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.