Keybot the Quant remains short with the algo only printing the pre-scheduled number this morning and nothing during the regular session. Volatility was high drama today. The VIX came down to kiss the 11.25-11.32 area called out by Keybot ahead of time, and the VIX bounced allowing the bears to maintain control despite a marginal move higher in the stock market.
Bulls need VIX below 11.32, GTX above 2214 and/or RTH above 80.64. Any one will create upside joy in stocks. If two of the three flip bullish, Keybot will likely flip long.
Market bears will maintain control of the stock market if all three parameters, volatility, commodities, and retail stocks, respectively, remain bearish. Bears need weaker banks and chips to take stocks lower. The bears are in control with the algo number 28 points under the signal line.
Market bears will maintain control of the stock market if all three parameters, volatility, commodities, and retail stocks, respectively, remain bearish. Bears need weaker banks and chips to take stocks lower. The bears are in control with the algo number 28 points under the signal line.
8/18/17;
10:00 AM EST =
8/16/17; 9:00 AM EST
= +55; signal line is +83
8/14/17;
11:57 AM EST = +55; signal line is +85
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