Saturday, July 14, 2018

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

Keybot the Quant remains long and continues champing at the bit to go short. The algo number is 8 points below the signal line. If the SPX falls below 2792 on Monday, Keybot will likely flip short.

Bulls need stronger commodities, banks and chips while the bears need a weaker NYA Index and utilities and higher volatility.

7/15/18; 7:00 PM EST =
7/13/18; 2:21 PM EST = +38; signal line is +46 but algorithm remains long
7/13/18; 2:00 PM EST = +52; signal line is +46
7/13/18; 10:00 AM EST = +38; signal line is +45 but algorithm remains long

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.