Sunday, January 18, 2015

STOCK MARKET BEARISH -- SHORT

Keybot the Quant is on the short side as a new week of trading will begin on Tuesday morning. The bulls need either SOX 673.50 or NYA 10800 to confirm a strong move higher for stocks. The bears have to keep the semiconductors and NYA Index in their camp under the levels shown.

For the SPX starting at 2019, the bulls only need a point, to move above 2020, and boom, the upside will accelerate a few more handles to the middle 2020's. The bears need to push under 1988 to get their mojo back, a formidable task so instead bears will focus on preventing SOX 673.50 and NYA 10800 from occurring.  A move through SPX 1989-2019 is sideways action for Tuesday. Keybot prints one pre-scheduled number this week on Wednesday morning.

1/25/15; 7:00 PM EST =
1/21/15; 9:00 AM EST =
1/18/15; 7:00 PM EST = +6; signal line is +29
1/16/15; 10:00 AM EST = +6; signal line is +31

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