Thursday, August 14, 2014


Keybot the Quant remains short but a turn appears imminent. The algo wants to go long but the internal programming requirements are not yet completely latched. If the SPX prints above 1951.09 and holds this level for several minutes, Keybot will likely flip long. XLF is above the 22.53 bull-bear level causing bullishness. VIX is under the 12.87 level causing bullishness. SOX is teasing the 617.73 bull-bear line in the sand and bulls will receive more fuel if it is taken out to the upside. UTIl is 543.07 remaining in the bear camp under 543.81. Bears better beat financials and semi's lower and raise volatility pronto or they will fold like a cheap suit. The trading day is off to an erratic wild start. The SPX is printing at 1949.90......

8/15/14; 10:00 AM EST =
8/14/14; 9:42 AM EST = +21; signal line is +17 but algorithm remains short
8/13/14; 11:07 AM EST = +7; signal line is +17

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