Sunday, November 9, 2014


Keybot the Quant remains long moving into the new week of trading. The fight between volatility and copper continues. Last week, the lower volatility created another leg of upside for stocks and the SPX moving above 2030. Bears need to push VIX above 14.09 to stop the market upside, otherwise they got  nothing. Bulls need to push copper higher, JJC above 37.08, to create another leg higher for stocks. If VIX stays under 14.09 and JJC under 37.08, equities will stagger sideways to begin the week.

For the SPX starting at 2032, the bulls only need 2 upside points, to move above 2034, and bingo, another upside acceleration will occur. The bears need to push under 2025 to regain their mojo. A move through 2026-2031 is sideways action for Monday. The bulls are cruising and need higher copper to continue the party. Bears need higher volatility to stop the party. Keybot prints one pre-scheduled number on Friday morning.

11/16/14; 7:00 PM EST =
11/14/14; 10:00 AM EST =
11/9/14; 7:00 PM EST = +60; signal line is +35
11/7/14; 9:00 AM EST = +60; signal line is +32

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