Wednesday, June 27, 2012

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. The fickle retail sector, RTH, dropped under 41.27 today but then recovered, and is now printing 41.28 as this message is typed. VIX remains elevated staying in the bear camp. The SPX:VIX ratio popped above 68 a short while ago, bullish, see if this holds or if the ratio drops back under 68. Watch the RTH closely since if it loses only another penny or two, the retail sector will likely drag the broad markets lower. The quant is tracking financials, XLF. Watch XLF 14.35, now printing 14.27. The markets will accelerate higher if the XLF punches up thru 14.35. Very mixed picture today. For now, the bears remain in overall control, despite the up day. Note that the SPX sits at the 1333-1334-ish area where the current short trade was initiated by the robot.

7/1/12; 7:00 PM EST EOM EOQ2 EOH1 =
6/29/12; 10:00 AM EST =
6/27/12; 10:01 AM EST = -14 signal line +4
6/27/12; 9:46 AM EST = -30 signal line +5
6/26/12; 12:30 PM EST = -14 signal line +6

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