Sunday, July 17, 2016


Keybot the Quant is long to begin the new week of trading. The bears stopped the upside rally with lower commodities. Lower copper is likely needed for the algorithm to flip short. Market bulls will celebrate with higher commodities, GTX above 2306, which will send stocks strongly higher. Bears will be victorious if GTX remains under 2306 and if JJC drops under 24.56. This would require a large drop in copper so if you see copper selling off strongly overnight that is a hint that the market bears may be favored on Monday.

If JJC drops under 24.56, and SPX under 2156, Keybot will likely flip short. The SPX begins the week at 2165. The bears need to push under 2156 to accelerate the downside. The bulls need to push above 2169 to accelerate the upside.

Keybot prints one pre-scheduled number this week on Tuesday morning. The bulls are in charge but if copper drops in earnest consider a turn to be imminent. Interesting, copper is trading down -0.6% to 2.22 on Sunday evening but bears will need lots more.

7/24/16; 7:00 PM EST =
7/19/16; 9:00 AM EST =
7/17/16; 7:00 PM EST = +82; signal line is +75
7/15/16; 11:07 AM EST = +82; signal line is +75

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