Keybot the Quant remains long as the financials dance along the bull-bear tightrope at XLF 38.15.
Bulls win big if XLF moves above 38.15 which will create many days of upside ahead.
Bears will be happy if XLF remains sub 38.15 in the bear camp, and gleeful if CPER drops below 28.30, NYA below 16700 and/or SPX below 4462. If 1 of these 3 turn bearish stocks will be soggy. If 2 of the 3 turn bearish, Keybot the Quant will likely flip back to the bear camp and if all 3 turn bearish, stocks will be falling apart. Choose your Poison.
XLF 38.15, CPER 28.30, NYA 16700 and SPX 4462 are all that matter right now. They tell you the direction and magnitude of the stock market going forward. XLF is at 38.06 (bearish), CPER is at 28.55 (bullish), NYA at 16785 (bullish) and SPX at 4485 (bullish).
4/24/22;
7:00 PM EST =
4/21/22;
10:43 AM EST = +55; signal line is +36
4/21/22;
10:17 AM EST = +71; signal line is +35
4/21/22; 9:44 AM EST = +55; signal line is +33
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