Keybot the Quant is long moving into the new week of trading. The bulls are on a euphoric high with the algo number pinned to the maximum +100 reading. The bears need either lower commodities and copper and/or higher volatility.
Bears need either GTX under 2254, JJC under 33.51 and/or VIX above 10.76. If any one of the three parameters turn bearish, and the SPX drops below 2544, Keybot will likely flip to the short side, hence the imminent turn notation is in the title line.
If commodities and copper remain strong, and volatility low, the bulls will keep slapping the bears silly day after day. Keybot prints a pre-scheduled number this week shortly after the opening bell on Friday the 13th.
10/15/17;
7:00 PM EST =
10/13/17;
10:00 AM EST =
10/8/17; 7:00 PM EST
= +100; signal line is +87
10/6/17; 9:00 AM EST
= +100; signal line is +87
10/4/17;
11:05 AM EST = +100; signal line is +86
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