Tuesday, December 20, 2016


Keybot the Quant remains long idling today without printing any numbers. Utilities and copper remain bullish so stocks climb higher with the Dow a hair away from the historic 20,000 level. The same story in the previous post continues for Wednesday. Market bears need UTIL under 658.55 and then also under 656.19 to create strong downside action in the stock market. JJC under 28.33 will also create downside in equities.

If the status quo remains with all three parameters bullish, like now, with prices above the levels shown, then Dow 20K is likely to print on Wednesday. If any one parameter turns bearish, the top may be in for stocks in the near term. If two of the three parameters turn bearish, and the SPX drops below 2266, Keybot will likely flip short.

For the SPX starting at 2271 on hump day, the bulls need to touch the 2273 handle and bingo, the upside will accelerate to 2280 in a flash. Watch to see if the bulls can create two points of upside in the S&P futures overnight. The bears need to push below 2266 to accelerate the downside quickly into the 2250's. A move through 2267-2272 is sideways action for Wednesday. That is a tight range so price will likely make an epic decision tomorrow either catapulting to greatness or collapsing into Hades.

Wednesday may be the epic day where Dow 20,000 prints, or not. If UTIL remains above 658.55, Dow 20K will likely print. The bulls need utilities and copper to remain bullish. If UTIL falls under 658.55, Dow 20K will likely not occur.

The Keybot the Quant algorithm remains at the maximum reading possible at +100 an epic and historic level representing an excessively oberbot stock market. This is history in the making. What will happen next?

12/23/16; 10:00 AM EST =
12/19/16; 3:39 PM EST = +100; signal line is +71
12/19/16; 3:00 PM EST = +84; signal line is +69

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