Friday, July 24, 2015

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. Same dealio as yesterday. Bears need VIX above 13.82 if they want to growl. Bulls need NYA above 10937 if they want to send stocks higher. If volatility remains subdued and the NYA remains weak, stocks will stagger sideways with a slight upward bias.

For the SPX for Friday beginning at 2102, the bulls need to  touch the 2117 handle to accelerate the upside. The bears need to push under 2099 which will accelerate the downside to 2091 in very quick order. S&P futures are up +4 a couple hours before the opening bell. A move through 2100-2116 is sideways action. The bulls remain in control.

7/26/15; 7:00 PM EST =
7/21/15; 11:05 AM EST = +8; signal line is -19

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