Thursday, June 18, 2015

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as the bulls send stocks wildly higher the Russell 2000 and Nasdaq at record highs. Utilities and retail stocks jump higher and volatility collapses creating the bull fuel to rocket equities higher. The bulls are cruising.

The market bears can only stop the party if UTIL drops under 570.03 (now at 573) and/or if the VIX moves above 13.90 (now at 13.34). The bulls will receive further upside fuel if GTX (commodities) moves above 3228 (now at 3201).

6/21/15; 7:00 PM EST =
6/18/15; 9:50 AM EST = +49; signal line is +4
6/18/15; 9:37 AM EST = +33; signal line is +3
6/18/15; 9:36 AM EST = +19; signal line is +2
6/17/15; 2:38 PM EST = +3; signal line is +2

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