Wednesday, November 22, 2017

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long. The key parameter controlling market direction currently is volatility. Stocks will continue higher if the VIX maintains a 9-handle. Market bears need VIX above 10.65 to create stock market selling. Bulls rule the stock market with the VIX below 10.65.

If the VIX turns bearish at 10.65, and the SPX drops below 2589, Keybot will likely flip short. The epic market action continues this year with the algo at the maximum +100 level. Keybot prints a pre-scheduled number at 10 AM EST. US markets are closed tomorrow for Thanksgiving and will close early on Friday. The beat goes on.

11/26/17; 7:00 PM EST =
11/22/17; 10:00 AM EST =
11/20/17; 3:59 PM EST = +100; signal line is +84
11/20/17; 3:32 PM EST = +86; signal line is +84

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