Wednesday, May 20, 2015

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

Keybot the Quant remains long as the algo is very active today printing five numbers thus far. The bears are trying to push lower but cannot get their ducks in a row. At the opening bell, RTH failed helping bears but GTX turned bullish. Pay attention to GTX 3237 since this key pivot is controlling broad market direction currently. If GTX prints below 3237, and SPX drops under the 2123-2125 area, and both remain weak heading lower, Keybot will likely flip short. The algo number is only three points from the signal line just before noon time verifying the intense bull-bear struggle ongoing. The SPX remains in the sideways range for today breaking under 2125 briefly but recovering as the bears do not yet have enough strength to push lower. GTX is currently printing above 3237 so stocks float higher.

5/24/15; 7:00 PM EST =
5/20/15; 12:23 PM EST = +65; signal line is +56
5/20/15; 11:57 AM EST = +51; signal line is +54 but algorithm remains long
5/20/15; 11:50 AM EST = +65; signal line is +55
5/20/15; 10:40 AM EST = +51; signal line is +56 but algorithm remains long
5/20/15; 9:36 AM EST = +65; signal line is +56
5/19/15; 11:49 AM EST = +67; signal line is +57

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