Thursday, December 26, 2019

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as trading is set to begin for the day after Christmas which is also Boxing Day and Kwanza. Same dealio as prior message. The bulls are cruising along without a care in the world. The bears need VIX above 14.58 and/or RTH below 118.70 to create market mayhem.

Keep watching utilities. UTIL 862.90 is a key bull-bear line in the sand for all of next week. Therefore, focus on where UTIL finishes the week tomorrow, Friday, at 4 PM EST, since that provides a heads-up for Monday morning. If UTIL finishes the week below 863, there will be H*ll to pay in the stock market next week. If UTIL finishes the week (tomorrow) above 863, the bulls will be celebrating all weekend long drinking Fed wine and singing songs.


12/29/19; 7:00 PM EST =
12/22/19; 7:00 PM EST = +88; signal line is +57

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