Thursday, October 8, 2020


Keybot the Quant remains long. Slap. Thwack. Oooff. Those are the sounds from the shed out back as the bears are beaten to a pulp. VIX falls below the key VIX 27.16 bull-bear line in the sand so stocks take off higher. Three numbers print today with the bulls in charge and cruising along with the algo number 35 points above the signal line. Stocks twist higher.

Bulls are in good shape and simply need to keep VIX below 27.16. Bears must immediately push volatility higher and VIX above 27.16 to stop the stock market rally or they got nothing.

10/11/20; 7:00 PM EST =
10/8/20; 1:55 PM EST = +73; signal line is +38
10/8/20; 9:18 AM EST = +59; signal line is +35
10/8/20; 9:08 AM EST = +73; signal line is +33
10/7/20; 9:36 AM EST = +59; signal line is +30

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.