Monday, March 15, 2021


Keybot the Quant remains long with the algo number 19 points above the signal line. Chips are weak despite the stock market moving higher. Bulls need stronger semiconductors and utilities to keep the upside party going. Bears need weaker utilities and retail stocks and higher volatility.

Bulls need UTIL above 856 and/or SOX above 2978 and the upside party will be in full swing.

Bears need UTIL below 825.55 which will usher-in stock market misery. Bears also need RTH below 157.45 and VIX above 23.96. VIX is trading at 21.77 right now. If any 1 of the 3 turn bearish, consider the imminent turn to the downside to be in play. If 2 of the 3 flip bearish and the SPX drops below 3915 trending lower, Keybot would likely flip short.

The quant prints one pre-scheduled number this week on Wednesday morning. 

3/21/21; 7:00 PM EST =
3/17/21; 9:00 AM EST =
3/14/21; 7:00 PM EST = +48; signal line is +29
3/12/21; 10:00 AM EST = +48; signal line is +28
3/12/21; 9:36 AM EST = +48; signal line is +28
3/11/21; 11:04 AM EST = +64; signal line is +28

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