Monday, October 17, 2011

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. Utes, financials and volatility all flip flopped. Utes were bearish, as measured by the algo, at Friday's close, they flipped bullish after the bell today. Financials and volatility were bullish at Friday's close, they flipped bearish.

Continue to monitor UTIL 436.75, XLF 12.57 and VIX 29.25 to determine market direction today. UTIL current print is 440.12 (market bullish), XLF is 12.52 (market bearish) and VIX is 30.29 (market bearish). Markets should continue along flatish from here unless one of these three change, which will in turn cause market direction to push in that direction.

10/31/11; 7:00 PM EST EOM =
10/30/11; 7:00 PM EST =
10/28/11; 10:00 AM EST =
10/25/11; 10:00 AM EST =
10/23/11; 7:00 PM EST =
10/19/11; 9:00 AM EST =
10/17/11; 9:37 AM EST = -24; signal line is -31
10/16/11; 7:00 PM EST = -10; signal line is -32
10/14/11; 3:56 PM EST = -10; signal line is -34
10/14/11; 3:48 PM EST = -40; signal line is -37 but algorithm says stay long
10/14/11; 3:40 PM EST = -24; signal line is -38
10/14/11; 3:32 PM EST = -10; signal line is -40

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.