Tuesday, July 29, 2014


Keybot the Quant remains short as the Tuesday session only has about 90 minutes of trading remaining. Volatility is dancing above and below the critical VIX 12.69 line in the sand. Look at the price action hug 12.69 and commit to the high side, moving towards 13, over the last few minutes. Isn't it amazing that the algo can identify important key pivot and inflection points such as VIX 12.69 before they occur?

Watch VIX 12.69 and RTH 59.62. Semiconductors are remaining in the bear camp today. Bears need RTH 59.62 to unleash downside carnage. Bulls need VIX under 12.69 which will immediately halt the market selling.

7/31/14; 7:00 PM EST EOM =
7/29/14; 1:51 PM EST = +39; signal line is +52
7/29/14; 12:18 PM EST = +53; signal line is +53
7/29/14; 11:37 AM EST = +39; signal line is +54
7/29/14; 10:00 AM EST = +53; signal line is +56

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