Friday, December 26, 2014

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long through the weekend. Volatility moves higher late in the session creating the swoon in equities late-day but the market makers jam the VIX lower to 14.50 after the price settlements. The SPX touched the 2088 handle so price accelerated to 2093. Keep watching VIX 14.68 since it provides the market direction answer; this battle is key come Monday morning. Bulls win under VIX 14.68. Bears win above 14.68. The bulls remain in control of the stock market.

12/28/14; 7:00 PM EST =
12/26/14; 3:59 PM EST = +60; signal line is +37
12/26/14; 3:24 PM EST = +46; signal line is +36
12/24/14; 9:36 AM EST = +60; signal line is +35

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