Friday, November 7, 2014

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The bears continue to receive slaps in the face since VIX stays under 14.10. The bulls cannot move JJC above 37.08, however, so the market upside is limited. Bulls win big with JJC above 37.08. Bears win big with VIX above 14.10. If VIX stays under 14.10 and JJC under 37.08, equities stumble sideways into the weekend. The SPX touches 2032 and jumps above 2034 for another new all-time intraday historic record high. Use volatility and copper as a guide for market direction.

11/9/14; 7:00 PM EST =
11/7/14; 9:00 AM EST = +60; signal line is +32
11/6/14; 3:31 PM EST = +60; signal line is +31

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