Tuesday, December 27, 2011


Keybot the Quant remains long as semiconductors weakened into the close.  The SOX dropped under 368.60 so the markets faded into the bell. Watch SOX 368.60 again tomorrow.  If markets weaken further, watch XLF 12.82 level again, tonight the XLF closed at 13.07.

For the SPX in the Wednesday session, starting at 1265.43, the market bears need to push lower three points to 1262 and the selling will accelerate.  The SPX would venture down to the starting year number at 1258.  The market bulls need to push the SPX up to touch 1270, if so, the upside will accelerate.  A move thru 1263-1268 is sideways action. The broad markets can not head higher without the SOX moving above 368.60.

Keybot had an active start to the holiday-shortened trading week kicking off five numbers today, one that was pre-scheduled. The algo number is only 11 ticks away from the signal line so caution is required.  Financials, XLF, require close watching moving forward.

1/1/12; 7:00 PM EST EOM EOQ4 EOY2011 =
12/27/11; 3:37 PM EST = -10; signal line is -21
12/27/11; 11:09 AM EST = +6; signal line is -21
12/27/11; 10:52 AM EST = -10; signal line is -22
12/27/11; 10:00 AM EST = +6; signal line is -21
12/27/11; 9:47 AM EST = +6; signal line is -20
12/25/11; 7:00 PM EST = -10; signal line is -20

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