Tuesday, March 14, 2017


Keybot the Quant remains short heading into the Wednesday session and the historic Federal Reserve rate decision. The algo has not yet printed any numbers this week. Bears need lower retail stocks and higher volatility while bulls need higher copper.

Bears need VIX above 12.51 (now at 12.41) and/or RTH under 78.13 (now at 78.47). Bulls need JJC above 30.39 (now at 30.28). Copper and volatility are ruling broad stock market direction currently.

For the SPX starting at 2365 on hump day, the bears need to push below 2358 to accelerate the downside to 2351 in a flash. The bulls need to push above 2369 to accelerate the upside. A move through 2359-2368 is sideways action on the epic FOMC decision day.

3/19/17; 7:00 PM EST =
3/17/17; 10:00 AM EST =
3/16/17; 9:00 AM EST =
3/12/17; 7:00 PM EST = +70; signal line is +88

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