Sunday, November 16, 2014


Keybot the Quant remains long moving into the new week of trading. Watch VIX 14.21 (volatility) and JJC 37.01 (copper). If volatility moves higher, the bears will place a ceiling on the market upside and begin a move lower for equities. If copper runs higher, the bulls win and will send the SPX above 2050.

For the SPX starting at 2040, the bulls only need two points to move above 2042 and an upside acceleration will occur towards 2050. The bears need to push under 2035 to accelerate the downside. A move through 2036-2041 is sideways action to begin the week. The bulls continue cruising but the bears are slowly narrowing the gap between the algo number and signal line now at a 19-point difference. Keybot prints one pre-scheduled number this week on Wednesday morning.

11/23/14; 7:00 PM EST =
11/19/14; 9:00 AM EST =
11/16/14; 7:00 PM EST = +61; signal line is +42
11/14/14; 10:00 AM EST = +61; signal line is +40

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