Keybot the Quant motors along on the bull side as the XLF is at 21.44 above the 21.37 bull-bear line providing today's upside fuel. The bulls dance a jig of joy. In addition, volatility is dropping and UTIL catapults above 510 adding further bull fuel. The VIX is at 14.37 in the bear camp not yet under the 14.15 bull-bear line in the sand but very close and the downside VIX direction creates the upside market strength. Thus, watch VIX 14.15 which will catapult markets higher and XLF 21.37 which would send markets lower. The bulls are cruising. The algo number is now 39 points above the signal line so the caution flag is no longer needed. It is a bull party today so far. Financials and volatility will tell the story today and tomorrow.
2/14/14;
10:00 AM EST =
2/11/14; 11:23 AM EST
= +32; signal line is -7
2/10/14;
1:07 PM EST = +16; signal line is -9
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