Keybot the Quant remains long as the algo quietly motors through another week. The SPX prints a new all-time high at 3678 yesterday and new all-time closing high today at 3669. The pre-scheduled number prints but the quant does not print any other numbers as yet this week. The bulls have the market parameters pegged to the ceiling.
The bulls are in charge of market direction with the algo number 21 points above the signal line. Bears need the VIX above 25.50 but the bulls have it down at 21.17. Bears would also benefit from weaker retail stocks and utilities. The bulls enjoy another beautiful day at Itchykoo Park.
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