5/17/13;
10:00 AM EST =
5/16/13; 10:36 AM EST
= +46; signal line is +38
5/16/13;
10:01 AM EST = +32; signal line is +37 but algorithm says stay long
Thursday, May 16, 2013
STOCK MARKET BULLISH -- LONG -- CAUTION
Keybot the Quant remains long. Volatility collapses once again falling through 13.20 and the 13 level so equities recover. This takes away the imminent turn status since the algo needs to see higher volatility. The SPX moves higher but the bulls are not yet able to punch up through 1661.50 so it appears neither side wants the ball today. Watch VIX 13.20.
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