Saturday, December 17, 2016


Keybot the Quant finishes the week remaining on the long side. Note the battle at UTIL 656-657 that the algo called out ahead of time. UTIL is at 657.72. Bulls need higher utilities to squeeze that little bit more juice out of the upside for the stock market. Bears need UTIL under 657 immediately.

Monday may be a historic event for the Keybot the Quant algorithm. It has never printed +100 but it may on Monday morning. At +84, the algo is very overbot hinting that stocks are overvalued. At +100, the bullishness would be off the charts at an euphoric level only seen once each decade or two (multi-year behavior). The algorithm is an oscillator with a maximum reading of +100 and minimum reading of -100. It will be a rare occurrence if the +100 print occurs. If so, it will guarantee Dow 20K and SPX above 2300.

Next week will continue the battle between utilities and volatility. Copper is starting to appear on the algo's radar screen. Next week's key parameters and levels can be identified after the Sunday pre-scheduled number prints tomorrow.

12/18/16; 7:00 PM EST =
12/16/16; 3:59 PM EST = +84; signal line is +62
12/16/16; 1:52 PM EST = +68; signal line is +62
12/16/16; 11:36 AM EST = +84; signal line is +61
12/16/16; 9:00 AM EST = +68; signal line is +61
12/14/16; 2:07 PM EST = +68; signal line is +60

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