Thursday, November 5, 2015

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot remains long as the drama continues. The algo wants to flip short but internal rules will not latch to permit the move. Thursday trading is underway with the SPX at 2100. If it drops under 2097 and that holds for five or ten minutes, Keybot will likely flip short. Bulls need UTIL above 588.85 to signal the all-clear for more upside. Bears need to drop under 2097 then down under 2054 which would open the floodgates lower.

11/6/15; 9:00 AM EST =
11/1/15; 7:00 PM EST EOM = +35; signal line is +40 but algorithm remains long

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