Tuesday, July 18, 2017

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as the week continues along. Keybot has not printed any numbers this week and is simply idling along unimpressed with the price action. The bulls need either GTX above 2206 and/or RTH above 80.63 to verify that more stock market all-time highs are ahead. Bulls are cheering for higher commodities and retail stocks.

The market bears need XLF under 24.30 and/or VIX above 11.45 to stall the rally and create negativity. Bears likely need both financials and volatility to turn bearish for Keybot to want to flip to the short side. Keybot prints the pre-scheduled number for this week on Wednesday morning before the opening bell. The bulls are running the show unless financials drop or if volatility spikes higher.

7/23/17; 7:00 PM EST =
7/19/17; 9:00 AM EST =
7/16/17; 7:00 PM EST = +70; signal line is +48

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