Friday, November 27, 2015

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long moving into the shortened Friday session of trading after the Thanksgiving Day holiday. The stock market closes at 1 PM EST. Keybot printed a pre-scheduled number on Wednesday. The algo is idling along with parameters oddly either fully in the bull camp or fully in the bear camp. This hints that the trend should continue.

For the SPX starting at 2089, the bulls need to touch 2093, four points higher, and boom, the upside will accelerate to 2100. The bears need to push under 2086 to accelerate the downside into the 2070's in quick order. A move through 2087-2092 is sideways action to end the week. S&P futures are +3 about 3-1/2 hours before the opening bell.

11/29/15; 7:00 PM EST =
11/25/15; 10:00 AM EST = +17; signal line is -11
11/24/15; 10:00 AM EST = +16; signal line is -11

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