Tuesday, February 28, 2017

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as the Tuesday session is underway. The algo has not printed any numbers this week except for the pre-scheduled number a short time ago. The algo remains at the epic +100 level. The bulls are cruising. The bears need either GTX under 2366 (now at 2377) or VIX above 12.85 (now at 12.30) to confirm strong downside selling pressure for equities and if both turn bearish, and the SPX drops below 2362 heading lower, Keybot would likely flip short.

Markets may be in a holding pattern until President Trump speaks this evening in the States.

3/5/17; 7:00 PM EST =
2/28/17; 7:00 PM EST EOM =
2/28/17; 10:00 AM EST = +100 signal line is +82
2/26/17; 7:00 PM EST = +100 signal line is +81

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