Tuesday, September 2, 2014

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

Keybot the Quant remains long. The SPX drops to 1995 and bounces; the bears did not have the juice to take it lower. Watch VIX 12.45 and JJC 38.71. Volatility is very erratic. Bulls need JJC above 38.71. Bears need VIX above 12.45. One of the two will flinch and dictate market direction forward.

For the SPX for Wednesday beginning at 2002, the bulls need four points to touch the 2006 handle and an upside acceleration will occur to 2010-2015. The bears need to push the SPX below 1995 to accelerate the downside. A move through 1996-2005 is sideways action for Wednesday. If VIX moves above 12.45 and the SPX drops under 1995, Keybot will likely go short.

9/5/14; 9:00 AM EST =
9/2/14; 2:52 PM EST = +54; signal line is +51
9/2/14; 11:52 AM EST = +40; signal line is +51 but algorithm remains long
9/2/14; 11:03 AM EST = +54; signal line is +51
9/2/14; 9:42 AM EST = +40; signal line is +51 but algorithm remains long

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