Sunday, February 22, 2015

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long moving into the new week of trading. UTIL is at 600 and will print above the important UTIL 586 level, in play for the entire week, which creates market bullishness. Bears got nothing unless they move UTIL below 586 and/or VIX above 16.60. Otherwise, stocks will float sideways to sideways higher.

For the SPX starting at 2110, the bulls need to touch the 2111 handle and an upside acceleration will occur beginning to target towards 2020+. So watch to see if there is a smidge of positivity in the S&P futures to create the bull party. The bears need to push under 2085 to accelerate the downside. A move through 2086-2110 is sideways action for Monday. The bulls are in control. Keybot prints two pre-scheduled numbers this week one on Tuesday morning and the other on Friday morning. EOM is Friday.

3/1/15; 7:00 PM EST EOM =
2/27/15; 10:00 AM EST =
2/24/15; 10:00 AM EST =
2/22/15; 7:00 PM EST = +54; signal line is +50
2/19/15; 12:22 PM EST = +54; signal line is +50

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