Tuesday, June 2, 2020

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The algo is quiet on Monday not printing any numbers on the first day of June trading. The bulls remain in control with the quant number 35 points above the signal line.

Bears need SPX below 3006 to create stock market negativity. SOX below 1745 and VIX above 34.73 will also create equity selling.

Bulls need NYA above 12614 which will prove that the bulls have a lot of upside juice ahead. Bulls also need UTIL above 843 and GTX above 1692 which will create more upside energy for equities. If the parameters remain status quo, the sideways chop continues. One of the parameters above will flinch and whichever one does it immediately tells you the direction of stocks ahead.

6/7/20; 7:00 PM EST =
6/5/20; 9:00 AM EST =
5/31/20; 7:00 PM EST EOM = +7; signal line is -28
5/29/20; 10:00 AM EST = +7; signal line is -30

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