Wednesday, February 17, 2021


Keybot the Quant remains long as the epic stock market action continues. The quant has not printed any numbers as yet this week and the pre-scheduled number is tomorrow. The bulls are feeling good about the stock market comfortably ahead by 23 points. The SPX prints a new all-time record high at 3950.43.

The quant is tracking three key parameters that would help bears; UTIL 820, RTH 159.10 and VIX 24.22. If any one of the three fail, you will notice substantive selling in the stock market. If 2 of the 3 fail, consider the imminent turn to the bear side to be in play and if the SPX then drops below 3924, Keybot will likely flip short. The SPX begins at 3933 and futures are flat. VIX is at 21.17. If UTIL 820 fails, the stock market may crash.

The bulls need UTIL above 882 to prove that they can take stocks higher.

2/21/21; 7:00 PM EST =
2/18/21; 9:00 AM EST =
2/14/21; 7:00 PM EST = +64; signal line is +41

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