Friday, March 28, 2014

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains short as equities jump to the upside. Volatility is smacked in the face with the VIX dropping under 14 under the 14.39 bull-bear line. The lower volatility creates the upside rocket fuel for the indexes. The algo number is now only two ticks from the signal line verifying the ongoing bull-bear struggle. Bulls need RTH above 59.57 and Keybot will likely flip long. Bears must prevent RTH 59.57 and at the same time push the VIX higher back above 14.39 to usher in negativity.

The SPX pushed through 1855.50 so price jumped into the 1860's. Watch RTH 59.57 and VIX 14.39 for the market direction answer.

3/30/14; 7:00 PM EST =
3/28/14; 10:00 AM EST = +47; signal line is +49
3/28/14; 9:36 AM EST = +47; signal line is +50
3/26/14; 3:16 PM EST = +33; signal line is +50

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.