Sunday, December 23, 2012

STOCK MARKET BEARISH -- SHORT -- CAUTION


Keybot the Quant is short going into the Monday shortened session. The bulls need to push the VIX under 15.90, push the UTIL above 465.77, and keep the RTH above 44.44 and the XLF above 15.78.  The bears need to keep the VIX above 15.90, keep UTIL under 465.77, and push the RTH under 44.44 and XLF under 15.78. Any changes to the parameters listed will push the broad indexes in that respective direction.

For Monday for the SPX starting at 1430, the bulls need to punch up thru 1444 which will ignite an upside acceleration. The bears need to push under 1423 to ignite a downside acceleration.  A move thru 1424-1442 is sideways action. Markets remain in a bull-bear struggle reacting to fiscal cliff shenanigans. Keybot prints one pre-scheduled number this week on Thursday morning. The Monday session ends at 1 PM EST and the markets are closed for Christmas Day on Tuesday.

12/30/12; 7:00 PM EST =
12/27/12; 10:00 AM EST =
12/23/12; 7:00 PM EST = +1; signal line is +14
12/21/12; 10:00 AM EST = +1; signal line is +14

No comments:

Post a Comment

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