Tuesday, March 17, 2015

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long moving into the Tuesday session. The bulls need higher copper and JJC above 31.88 but copper is dropping. The bears need either VIX above 15.86 and/or NYA under 10842 to create market selling pressure. If one parameter turns bearish the caution flag will be out if both turn bearish then Keybot will be in the imminent turn mode to flip back to the bear side.

For the SPX starting at 2081, the bulls only need a smidge of positivity and the upside will accelerate but S&P futures are -5. The bears need to push under 2055 to accelerate the downside. The pre-scheduled number prints a short time ago with a one tick increase in the signal line. The bulls are in charge. Watch volatility and the NYA Index.

3/22/15; 7:00 PM EST =
3/17/15; 9:00 AM EST = +51; signal line is +28
3/16/15; 2:35 PM EST = +51; signal line is +27
3/16/15; 11:17 AM EST = +67; signal line is +27

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