Wednesday, November 18, 2020

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long with the algo number 37 points above the signal line. The bulls are cruising. The PFE and MRNA vaccine hype creates joy in the stock market over the last week. Banks rally sending the major indexes higher. Bears need higher volatility and must push VIX above 26.00 to create stock market negativity. Bears got nothing until this happens. VIX is currently trading at 22.40 with S&P futures up +4.

Price action remains erratic and unstable. Keybot prints a pre-scheduled number before the opening bell.

11/22/20; 7:00 PM EST =
11/18/20; 9:00 AM EST =
11/15/20; 7:00 PM EST = +73; signal line is +36
11/13/20; 10:00 AM EST = +73; signal line is +35
11/12/20; 3:59 PM EST = +73; signal line is +34
11/12/20; 2:06 PM EST = +59; signal line is +33
11/10/20; 10:56 AM EST = +73; signal line is +32
11/10/20; 10:43 AM EST = +59; signal line is +31
11/9/20; 9:36 AM EST = +73; signal line is +31
11/8/20; 7:00 PM EST = +59; signal line is +31

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