Tuesday, June 14, 2016


Keybot the Quant remains short moving into the Wednesday trade. The bulls need either XLF above 23.10 and/or RTH above 76.12 to stop the bleeding in equities. The bears would further benefit from weakness in semiconductors and commodities.

For the SPX on Wednesday at 2075, the bulls need to push 6 points higher above 2081 and bingo, the upside will accelerate. The bears need to push 11 points lower under 2064 to accelerate the downside. A move through 2065-2080 is sideways action. The bears have the ball and the algo number is comfortably 28 points under the signal line.

6/17/16; 9:00 AM EST =
6/14/16; 9:36 AM EST = +34; signal line is +62
6/13/16; 3:26 PM EST = +50; signal line is +63

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