Keybot the Quant remains short. The pre-scheduled number results in a one-point increase in the algo number and three-point drop in the signal line but there remains a 49 point difference between the two numbers keeping the market bears firmly in charge. RTH is 44.24, bearish. GTX is 4854, bearish. XLF is leaking lower now printing 15.78 still in the bull camp. For the SPX today, the bulls need to touch the 1421 level to trigger an upside acceleration. The bears need to drop under 1405 to trigger a downside acceleration. A move thru 1406-1420 is sideways action today.
10/28/12; 7:00 PM EST =
10/26/12; 10:00 AM EST = -15; signal line is +34
10/25/12; 9:43 AM EST = -16; signal line is +37
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