Tuesday, July 22, 2014

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMIINENT

Keybot the Quant is on the long side with volatility running the show. Watch VIX 12.96, now at 12.24 causing market lift. Bears need VIX 12.96 or they got nothing. If the VIX moves above 12.96, and the SPX drops under 1976, Keybot will likely flip back to the short side.

For the SPX for Wednesday starting at 1984, the bulls need two points, to push above 1986 and the upside party continues to 1990. The bears need to push under 1976 to accelerate the downside. A move through 1977-1985 is sideways action. VIX 12.96 is steering the market directional ship. The imminent turn notation remains since the bears may whipsaw the markets in reverse without too much effort.

7/27/14; 7:00 PM EST =
7/22/14; 9:35 AM EST = +66; signal line is +65; go long 1982; (Benchmark SPX for 2014 = +7.3%)(Keybot this trade = -1.0%; Keybot for 2014 = +5.3%)(Actual this trade = -1.9%; Actual for 2014 = +6.0%)

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