Keybot the Quant remains long through another sleepy week. The bulls remain in charge of stock market direction with the algo number 23 points above the signal line. Bears need weaker utilities and retail stocks and higher volatility. Bears need the VIX above 25.70 (now at 20.84) or they got nothing.
Keybot prints the month-end (EOM) number tomorrow and another pre-scheduled number on Friday morning. December trading begins on Tuesday.
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