Monday, November 5, 2012

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short on this active day for the algo. This is wild erratic action from a near market collapse this morning to now the bulls pushing higher with the RTH over 44.45 and the SOX over 378.60 (watch this number for the semiconductors). The SPX ran up test the 1419 resistance on the strong semi thrust. Use RTH 44.45 and SOX 378.60 as your main guides for market direction to finish today and thru tomorrow. The caution flag is back out. The markets are unstable.

11/11/12; 7:00 PM EST =
11/9/12; 10:00 AM EST =
11/5/12; 3:40 PM EST = +1; signal line is +10
11/5/12; 10:35 AM EST = -15; signal line is +11

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