Keybot the Quant remains long and the epic market action continues. Stocks are printing more all-time record highs. The bulls are running. The algo did not print any numbers on Monday but was active today printing four numbers. Keybot remains at the maximum possible +100 reading. Something extremely special is occurring in the markets.
The drama with utilities continues. If UTIL drops under 666.63, now at 667.37, the upside rally in stocks will stall. If UTIL remains above 666.63, the bulls will keep printing more all-time highs.
For the SPX starting hump day at 2338, the bulls need any smidge of green in the overnight S&P futures and the stock market will run strongly higher after the opening bell. The bears need to push under 2321 to regain their mojo. A move through 2322-2337 is sideways action. The beat goes on.
2/19/17;
7:00 PM EST =
2/16/17;
9:00 AM EST =
2/14/17; 3:30 PM EST
= +100 signal line is +75
2/14/17; 2:40 PM EST
= +84 signal line is +75
2/14/17; 2:11 PM EST
= +100 signal line is +76
2/14/17; 10:09 AM EST
= +84 signal line is +75
2/12/17;
7:00 PM EST = +100 signal line is +75
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.