Friday, October 3, 2014


Keybot the Quant remains short as the bulls continue pushing higher. NYA moves above the 10630 line in the sand so equities melt higher. The Dow is up over 200 points and above 17K. Continue monitoring NYA 10630. The caution flag is out but it appears the bulls would likely need the VIX under 12.50 (now at 14.53) to flip the algo to the long side. Nevertheless, the bulls have come back strong today and the algo number is now only three points under the signal line. Market bears need to push the NYA under 10630 as soon as possible, otherwise, the bears will crumble. NYA is printing at 10645 in the bull camp and creating market upside.

10/5/14; 7:00 PM EST =
10/3/14; 12:34 PM EST = +7; signal line is +10
10/3/14; 9:36 AM EST = -7; signal line is +11

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