Tuesday, December 23, 2014

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as the bulls are running another day. Keybot prints two numbers in addition to the pre-scheduled number. The VIX collapses under 14.70 signaling nothing but joy ahead for bulls but then quickly reverses course and returns to the bear camp above 14.70 and now above 15. Market bulls must push VIX under 14.70 to prove the upside in equities is real.

Bears need NYA under 10770 but price keeps floating higher. Nonetheless, the bears will stall the market upside as long as VIX is above 14.70. The Dow prints above 18K printing another historic milestone during the upside acceleration after the opening bell. If the NYA weakens under 10900 and moves lower consider the caution flag to be raised in the title line but bulls are fine if they keep NYA above 10770.

12/28/14; 7:00 PM EST =
12/23/14; 10:17 AM EST = +46; signal line is +33
12/23/14; 10:00 AM EST = +46; signal line is +33
12/23/14; 9:36 AM EST = +60; signal line is +32
12/21/14; 7:00 PM EST = +46; signal line is +32

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