Friday, February 12, 2021

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long and has been quiet all week but springs into life this afternoon.  UTIL failed at the 858 palindrome. This creates the stock market sogginess. And it is a strong failure. UTIL 821 is a trap-door in the stock market; if 821 fails, the US stock market may crash. This will be fun on tap next week. Markets are closed on Monday for Presidents Day.

Bears need higher volatility if they want to growl. Bears need VIX above 24.55.

The SPX all-time record high this week is 3931.50.

2/14/21; 7:00 PM EST =
2/12/21; 1:07 PM EST = +64; signal line is +40
2/12/21; 12:59 PM EST = +80; signal line is +38
2/12/21; 12:45 PM EST = +64; signal line is +36
2/12/21; 10:00 AM EST = +80; signal line is +34
2/8/21; 9:36 AM EST = +80; signal line is +33

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