Thursday, March 2, 2017


Keybot the Quant remains long but is champing at the bit to go short. Commodities are breaking down in the early going with GTX  under the critical bull-bear line at 2366.90 identified by the algo. VIX jumped up to 12.71 teasing the 12.86 called out by Keybot then collapsed on its sword now down to 11.93. The bulls would not let that happen since they know the party is over with VIX above 12.86.

But GTX under 2367 is enough to keep the algo number under the signal line and open the door to flip short but the internal programming parameters will not fully latch to allow the move into the bear camp. Bears have to keep pushing. Keybot will likely flip short if SPX drops under 2380, hence the imminent turn notation is now in the title line. Bulls need to push GTX above 2366.90 and they will be on easy street again. If VIX moves above 12.86, the stock market will fall apart and take a sharp and strong leg lower.

3/5/17; 7:00 PM EST =
3/2/17; 10:10 AM EST = +86 signal line is +90 but algorithm remains long
3/2/17; 9:49 AM EST = +100 signal line is +88
3/2/17; 9:36 AM EST = +86 signal line is +87 but algorithm remains long
3/1/17; 9:36 AM EST = +100 signal line is +86

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