Wednesday, October 31, 2012

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short as the new trading week finally begins. The algo number clicked higher as soon as the bell rang. RTH is a few pennies above 44.47, now printing 44.55, so watch this today. If you see RTH drop back under 44.47 the broad indexes will noticeably weaken.  The commodites, GTX, remain under 4895 and continue to provide a negative influence on markets. The SPX has teased 1417 twice so far but the bulls cannot hold it.

11/4/12; 7:00 PM EST =
11/2/12; 9:00 AM EST =
11/1/12; 10:00 AM EST =
10/31/12; 7:00 PM EST EOM =
10/31/12; 9:30 AM EST = +1; signal line is +30
10/28/12; 7:00 PM EST = -15; signal line is +32

No comments:

Post a Comment

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