Thursday, March 2, 2017


Keybot the Quant remains long heading into the Thursday session. The bears were smacked in the face again yesterday. The VIX dropped in the early morning hours so you knew the bulls were in favor and they go on to print the strongest day of the year and SPX 2400 and Dow 21K.

Keybot is jammed into the ceiling again at +100 an epic and historic maximum high reading. If the VIX moves above 12.86, and/or the GTX drops under 2369, stocks will sell off strongly. If either parameter turns bearish, only one is necessary, and the SPX drops under 2280, Keybot will likely flip short. Bears need higher volatility and lower commodities.

For the SPX starting at 2396, at all-time highs, the bulls need to push above 2400 and price will rocket towards 2410. The bears need to push below 2280 to regain their  mojo. S&P futures are down -1 point a few minutes before the opening bell.

VIX 12.86 and GTX 2369 tell you what you need to know for market direction.

3/5/17; 7:00 PM EST =
3/1/17; 9:36 AM EST = +100 signal line is +86
2/28/17; 7:00 PM EST EOM = +86 signal line is +85

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