Monday, March 21, 2022

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as the bulls mount a stellar relief rally. The algo number is 60 points above the signal line with the bulls on easy street without concern. The bulls sing What, Me Worry? by Portugal. The Man.

Bulls need VIX below 23.60 and NYA above 16674 to continue the upside party. If these are not attained, the bull rally will stall. VIX is trading higher now, about 100 minutes before the opening in the US, at 24.34. The NYA begins the week at 16613 only 61 points from bull victory. If the NYA 16674 is breached, the rally has bigtime legs higher. The bulls got nothing and there is likely serious pain ahead if NYA 16674 is not breached.

3/27/22; 7:00 PM EST =
3/25/22; 10:00 AM EST =
3/20/22; 7:00 PM EST = +60; signal line is +0
3/18/22; 1:12 PM EST = +60; signal line is -3
3/18/22; 12:56 PM EST = +46; signal line is -5
3/17/22; 12:38 PM EST = +30; signal line is -7
3/17/22; 9:00 AM EST = +14; signal line is -8
3/16/22; 3:48 PM EST = +14; signal line is -9

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