Keybot the Quant remains short as Sonny and Cher sings, 'the beat goes on'. The key metrics impacting market direction right now are volatility, copper and retail stocks. VIX sinks lower to 12.21 and fell to 11.93 a short time ago testing the level that the algorithm called out ahead of time at VIX 11.84-11.93. If VIX drops under 11.84, the market bulls will firmly establish a relief rally for the stock market. Bears will continue to sink the stock market lower if VIX remains above 11.84.
Keybot prints the first pre-scheduled number this week a short time ago. The bears are cruising with the algo number remaining 49 points under the signal line.
VIX comes down 11.94 after this message is typed so the battle rages on. Bears win above VIX 11.84. Bulls win below 11.84.
VIX comes down 11.94 after this message is typed so the battle rages on. Bears win above VIX 11.84. Bulls win below 11.84.
4/2/17;
7:00 PM EST EOM EOQ1 =
3/31/17;
10:00 AM EST =
3/28/17; 10:00 AM EST
= +24; signal line is +73
3/26/17;
7:00 PM EST = +24; signal line is +76
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