Monday, September 15, 2014


Keybot the Quant remains bearish after an active day for the algo. The semiconductors are dancing to and fro so SOX 632.81 will identify the winner on Tuesday. Note the algo number was within two points of the signal line after 2 PM. The best thing for the bulls is to jog the semiconductors higher in other words move SOX above and below 632.81 to move the algo number above the signal line and set the model up to move to the bullish side. The bulls also need VIX under 12.39 to receive more upside juice. The bears need to keep semi's bearish and also move UTIL under 550 to receive more downside juice.

For the SPX starting at 1984, the bulls need three points of upside, to move above 1987 and 1991 will come very fast. The bears need to push about 5 points lower, under 1978.50, to accelerate the downside to 1973 in quick order. A move through 1979-1986 is sideways action.

9/18/14; 9:00 AM EST =
9/15/14; 3:48 PM EST = +26; signal line is +43
9/15/14; 2:32 PM EST = +42; signal line is +44
9/15/14; 2:11 PM EST = +26; signal line is +45
9/15/14; 12:55 PM EST = +42; signal line is +47

No comments:

Post a Comment

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