Keybot the Quant remains long. Bulls need higher commodities, GTX above 2306, to prove that the stock market will continue higher. Bears benefit from lower copper, lower banks and higher volatility. Bears need JJC under 29.75, or XLF under 23.56 or VIX above 12. Copper is tanking this morning and JJC should slip below 29.75, if so, that places a lid on the stock market upside.
The bears will likely also need XLF under 23.56, weaker banks, and SPX below 2386, to cause Keybot to flip to the short side. Bulls will be okay as long as they do not allow banks or volatility to turn bearish.
5/5/17;
9:00 AM EST =
5/1/17; 9:36 AM EST =
+86; signal line is +52
4/30/17; 7:00 PM EST
EOM = +54; signal line is +50
4/28/17; 3:53 AM EST
= +54; signal line is +50
4/28/17; 10:00 AM EST
= +70; signal line is +50
4/25/17; 10:00 AM EST
= +70; signal line is +49
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