Saturday, December 21, 2013


Keybot the Quant remains long and did not print any numbers during the Friday session. The VIX collapsed at yesterday's opening bell so it was obvious that the bears were folding like a cheap suit. Interestingly, the VIX climbed all day after that and finished at the highs at 13.79 but remaining under the 14.20 bull-bear line in the sand (favoring bulls). The SPX performed the acceleration move and printed in the 1820's. UTIL moved higher closing at 488.34. The bulls need UTIL 492.35 to send the SPX to the 1820-1840 zone. The 4 parameters in the previous missive all remain bullish providing the upside market fuel. The bulls are comfortably driving the bus (algo number 23 points above the signal line) but if the bears create higher volatility and lower utilities, a move to the short side can be on tap in quick order, hence the caution flag remains out. The algo's priority areas and levels of interest can be identified once the Sunday pre-scheduled number prints tomorrow.

12/22/13; 7:00 PM EST =
12/19/13; 10:36 AM EST = +60; signal line is +37

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