Monday, December 8, 2014

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

Keybot the Quant remains long. The VIX recovers for the bulls falling back under 14.43 so the bears do not have the juice. The SPX is recovering above 2059. VIX drops to 14.15 so the bears got nothing. The imminent turn notation remains since the algo number is only two ticks from the signal line but the bears need VIX above 14.43 to create selling pressure. The bears likely need the VIX above 14.43 and the SPX under 2054 to cause Keybot to flip short today. There is 90 minutes of trading remaining in the session.

12/12/14; 10:00 AM EST =
12/8/14; 2:31 PM EST = +58; signal line is +56
12/8/14; 2:07 PM EST = +44; signal line is +56 but algorithm remains long

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