Friday, March 7, 2014

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long but the algorithm wants to go short. The bulls pushed VIX under 13.98 creating the opening pop in equities, but the bears sent VIX back above 13.98 to create the market drop off the highs. If the SPX drops under 1874 and the VIX remains above 13.98, Keybot will likely flip short. The SPX prints a LOD at 1875.30 only one point away. The drama continues. Bulls need to push VIX under 13.98 so they can move equities higher and celebrate into the weekend.

3/9/14; 7:00 PM EST =
3/7/14; 9:53 AM EST = +48; signal line is +51 but algorithm remains long
3/7/14; 9:36 AM EST = +62; signal line is +51
3/7/14; 9:00 AM EST = +48; signal line is +50 but algorithm remains long
3/6/14; 1:33 PM EST = +48; signal line is +49 but algorithm remains long

No comments:

Post a Comment

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