Sunday, December 28, 2014

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long moving into the new week of trading. The bulls keep pushing higher with the battle set for VIX 14.68 (now at 14.50 causing market bullishness). Very simply, stocks move higher and the SPX will set sights on 2100 if the VIX remains under 14.68. Stocks will flatten and roll over to the downside if the VIX moves above 14.68.

For the SPX starting at 2089, the bulls need four points, to touch the 2093 handle and that will create an upside acceleration towards 2100. The bears need to push under 2084 to accelerate the downside. A move through 2085-2092 is sideways action for Monday.

The algo prints a pre-scheduled number on Tuesday morning and then the statistics for Keybot's performance will be closed out for 2014 on Wednesday logging another successful year. The first day and New Year of trading for 2015 will be off and stumbling on Friday. Markets are closed on Thursday in observance of the New Years Day holiday. The Tuesday session is a regular session with a 4 PM close.

1/4/15; 7:00 PM EST =
12/31/14; 7:00 PM EST EOM EOQ4 EOH2 EOY 2014 =
12/30/14; 10:00 AM EST =
12/28/14; 7:00 PM EST = +60; signal line is +38
12/26/14; 3:59 PM EST = +60; signal line is +37

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