Keybot the Quant remains on the long side with more juice added to the bull tank today. The algo number is 48 points above the signal line so the bulls are cruising. Commodities turn bullish adding upside to the stock market. GTX 3633 is the bull/bear line in the sand with price trading at 3704 right now so watch it closely.
Most importantly, the NYA crosses above the critical bull/bear line in the sand at 15297 now trading at 15340. This is a big deal. Watch NYA 15297 like a hawk because if price remains above, stocks will remain in rally mode. If NYA loses 15297 today or any day forward, that is a sign that the rally is not strong and will likely roll over.
11/13/22;
7:00 PM EST =
11/11/22; 10:17 AM EST
= +40; signal line is -8
11/11/22; 10:00 AM EST
= +26; signal line is -11
11/11/22; 9:36 AM EST =
+26; signal line is -13
11/10/22;
9:36 AM EST = +12; signal line is -15; go long 3876; (Benchmark SPX for
2022 = -18.7%)(Keybot algo this trade = -2.2%; Keybot algo for 2022 = +27.8%)(Actual
results this trade = -2.2%; Actual results for 2022 = +40.0%)
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