Saturday, July 8, 2017

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long after the smoke clears from Friday with the algorithm going crazy printing 11 numbers. The algo wants to flip long but the necessary parameters have not yet latched to permit the move. UTIL finishes above 702, which is above the important 697.28 number which is in play all next week. Thus, the bulls have another feather in their cap come Monday morning. The bulls should be able to flip the model long on Monday and would be best off to see the stock market move up slowly and not gap up after the opening bell but time will tell. Next week can be set up after the Sunday pre-scheduled number prints tomorrow.

7/9/17; 7:00 PM EST =
7/7/17; 3:51 PM EST = +54; signal line is +48 but algorithm remains short
7/7/17; 2:24 PM EST = +38; signal line is +49
7/7/17; 1:04 PM EST = +54; signal line is +49 but algorithm remains short

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