Wednesday, February 24, 2021


Keybot the Quant is on the short side. The bears are in charge with the algo number 5 points below the signal line. Only three parameters matter; volatility, retail stocks and utilities.

Bears need VIX above 24.14 and stocks will fall apart. If UTIL loses 821.49, the stock market will go into free fall. Crash helmets are required.

Bulls need RTH above 159.57 and the upside stock market party is on. The selling in equities will immediately stop. If RTH moves above 159.57, consider the imminent turn to the long side to be in play, and if the SPX moves above 3929 trending higher, Keybot will likely flip long. The SPX begins at 3925 so bulls only need 4 or 5 points in the futures.

It is a very fascinating juncture on top of all the odd price action already occurring the last couple months and more. These are special times and one of these days may be a very special day. It is a game of pennies with the parameters so either side can win in tomorrow's (Thursday) trade. VIX begins trading at 3 AM EST. 

2/28/21; 7:00 PM EST EOM =
2/26/21; 10:00 AM EST =
2/24/21; 10:21 AM EST = +48; signal line is +53
2/24/21; 9:41 AM EST = +34; signal line is +53
2/24/21; 9:16 AM EST = +48; signal line is +53
2/24/21; 8:50 AM EST = +34; signal line is +52
2/23/21; 1:18 PM EST = +48; signal line is +52

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