Keybot the Quant remains long moving into the Tuesday session. The fight between volatility and copper continues. If VIX moves above 14.37 and the SPX moves under 2034.50, Keybot will likely flip short ending the one month rally. Stock market bulls will be fine if they keep VIX under 14.37. Bulls will confirm another leg of upside in equities if JJC moves above 36.97. Equities will continue the sideways flat path if VIX stays under 14.37 and JJC under 36.97.
For the SPX starting at 2041, the bulls only need two points, to push above 2043, and an upside acceleration will occur with price running to 2050. The bears need to push under 2035 to accelerate the downside. A move through 2036-2042 is sideways action.
For the SPX starting at 2041, the bulls only need two points, to push above 2043, and an upside acceleration will occur with price running to 2050. The bears need to push under 2035 to accelerate the downside. A move through 2036-2042 is sideways action.
11/23/14; 7:00 PM EST =
11/19/14; 9:00 AM EST =
11/17/14; 12:13 PM EST = +61; signal line is +47
11/17/14; 11:34 AM EST = +47; signal line is +45
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