Tuesday, January 17, 2017


Keyboth the Quant remains long as the algo prints 8 numbers to begin the week. The bulls remain in control. Keybot is pegged at the ceiling at an epic maxed-out +100 number. This is important since when the algo moves away from +100 it may be years before it returns.

The market bears need UTIL under 663.25 (this is a battle ground to begin the week) and/or XLF under 22.73 to create downside damage in stocks. If both parameters turn bearish, and the SPX trades below 2263, Keybot will likely flip short. The caution flag is in the title line and if one parameter turns bearish consider the imminent turn to be in play.

For Wednesday with the SPX starting at 2268, the bulls need to push above 2272 to accelerate the upside which will target 2280 in a flash. The bears need to push under 2263 to accelerate the downside which will be quickly in the 2250's. A move through 2264-2271 is sideways action for hump day.

1/19/17; 9:00 AM EST =
1/17/17; 3:38 PM EST = +100; signal line is +73
1/17/17; 3:08 PM EST = +84; signal line is +72
1/17/17; 2:33 PM EST = +100; signal line is +71
1/17/17; 2:22 PM EST = +84; signal line is +69
1/17/17; 12:49 PM EST = +100; signal line is +69
1/17/17; 12:40 PM EST = +84; signal line is +68
1/17/17; 10:07 AM EST = +100; signal line is +68

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