Tuesday, November 25, 2014


Keybot the Quant remains long for over one-month and the algo continues to track volatility and copper as the key market movers currently. Copper keeps drifting lower which will stall stocks from moving higher. However, the bears are not having luck pushing volatility higher. Bears need VIX 14.36. Bulls need JJC 36.90. One will flinch at any time. Until then, markets float sideways with an upward bias.

The SPX poked above 2070 so it jumped above 2074 but then fell on its sword drifting lower. The true path forward will not be known until either copper or volatility flinches. For now, the bulls remain in charge. The pre-scheduled number prints and the algo number and signal line are now only separated by six points.

11/26/14; 10:00 AM EST =
11/25/14; 10:00 AM EST = +57; signal line is +51
11/23/14; 7:00 PM EST = +61; signal line is +50

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