Keybot the Quant remains short as the Wednesday session begins. The financials were goosed via C and BAC a short time ago. The XLF is 15.74 back above the 15.69 bull-bear line in the sand and now creating market bullishness. The algo wants to flip back to the long side but internal programming rules are holding it back. If the SPX moves above 1413.14, Keybot will likely flip long, otherwise, markets muddle along sideways.
12/7/12;
9:00 AM EST =
12/5/12; 9:30 AM EST
= +19; signal line is +4 but algorithm says stay short
12/4/12;
1:47 PM EST = +3; signal line is +2 but algorithm says stay short
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