Tuesday, August 1, 2017

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The bulls are in full control. A pre-scheduled number prints last evening for the EOM and the algo number remains 28 points above the signal line.

Bears are smacked around day after day by the bulls. Bears need either VIX above 11.28, SOX under 1076 or GTX under 2211, higher volatility, lower chips or lower commodities, respectively, to stop the upside rally in the stock market and introduce negativity. Keybot likely needs at least two of these parameters to turn bearish to flip the model short. The beat goes on.

8/6/17; 7:00 PM EST =
8/4/17; 9:00 AM EST =
7/31/17; 7:00 PM EST EOM = +99; signal line is +71
7/30/17; 7:00 PM EST = +99; signal line is +70

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