Friday, August 7, 2020

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the pre-scheduled number prints for this week. The bulls remain in charge with the algo number 13 points above the signal line. The bulls have the market parameters pegged to the moon right now so it is hard to see how the bears can turn the tables.

The bulls continue to need UTIL above 835.50-ish to signal the all-clear and verify the stock market joy. Bears have hope as long as they do not allow UTIL to move above 835. The beat goes on.

8/9/20; 7:00 PM EST =
8/7/20; 9:00 AM EST = +53; signal line is +40
8/5/20; 9:37 AM EST = +53; signal line is +40; go long 3322; (Benchmark SPX for 2020 = +2.8%)(Keybot algo this trade = -3.1%; Keybot algo for 2020 = +21.2%)(Actual trading results this trade = -6.0%; Actual trading results for 2020 = +26.9%)

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