Keybot the Quant remains short. President Obama is re-elected and the markets are in sell mode today giving back yesterday's rally. The algo prints three numbers thus far today. Semiconductors, SOX, have returned into the bear camp under 378.60 but keep watching this level. Utilities are collapsing. RTH is holding above 44.45 supporting the bulls. XLF is now in play, watch 15.70. XLF is now printing 15.80. The broad indexes will take stronger legs lower if RTH and/or XLF fall thru the levels indicated. The bulls need to move the SOX back above 378.60 asap and could quickly reverse the negativity. Hang on, it is a wild ride these days.
11/11/12; 7:00 PM EST =
11/9/12; 10:00 AM EST =
11/7/12; 10:01 AM EST = -15; signal line is -1
11/7/12; 9:47 AM EST = +1; signal line is +2
11/7/12; 9:31 AM EST = -15; signal line is +4
11/6/12; 9:30 AM EST = +1; signal line is +6
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