Wednesday, September 3, 2014


Keybot the Quant remains long as volatility dances to and fro along the VIX 12.46 bull-bear line in the sand. Copper collapses and bulls continue to need JJC above 38.68 to move equities higher. Bears need VIX above 12.46 to move equities lower. The ECB rate decision and press conference occur before the opening bell tomorrow and will impact the futures.

For the SPX starting at 2000, the bulls need nine points, to move above 2009, and an upside acceleration occurs. The bears need to push the SPX under 1998 to accelerate the downside. A move through 1999-2008 is sideways action. Markets are a coin-flip moving into the end of the week. Watch VIX 12.46 to see who wins. If VIX moves above 12.46, and SPX drops under 1998, only two points lower, Keybot will likely flip short.

9/5/14; 9:00 AM EST =
9/3/14; 12:15 PM EST = +54; signal line is +51
9/3/14; 11:57 AM EST = +40; signal line is +51 but algorithm remains long
9/2/14; 2:52 PM EST = +54; signal line is +51

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