Keybot the Quant remains long but the VIX is over 15.84 (use this number now) placing a ceiling on any upside market action. The algo prints two numbers to start the week. The algo number now narrows to a fourteen point difference as compared to the signal line. In addition to XLF 15.65 (now causing bullishness), SOX 372.42 (now causing bullishness) and VIX 15.84 (now causing bearishness), watch GTX 4990 (now causing bearishness) as well. The market bulls need to push the VIX back under 15.85 to send markets higher. The bears need to push either XLF or SOX into the bear camp and the market selling would accelerate.
12/9/12; 7:00 PM EST =
12/7/12; 10:00 AM EST =
12/7/12; 9:00 AM EST =
12/3/12; 9:59 AM EST = +19; signal line is +5
12/3/12; 9:31 AM EST = +35; signal line is +4
12/2/12; 7:00 PM EST EOM = +19; signal line is +2
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