Tuesday, February 26, 2013


Keybot the Quant remains short as an active day for the algo begins. The pre-scheduled print a short time ago shows the algo number 22 points under the signal line. Thus, the caution flag is removed, for now. Yesterday shows how wildly the market can change and with elevated volatility now, this action will only become more dramatic. RTH recovered above 45.54 as anticipated, now back in the bull camp. The financials are on the ragged edge of causing serious market downside. Watch XLF 17.21 and the current print is 17.26 only hanging on by a nickel. VIX is 17.76, creating bearishness, well above the critical bull-bear line at 15.70.

The SPX is moving sideways today so far. The broad indexes will travel flat today if the XLF stays above 17.21. Watch XLF closely since a failure at 17.21 will usher in strong market selling sending the SPX to the 50-day MA at 1478-ish.

3/1/13; 10:00 AM EST =
2/28/13; 7:00 PM EST EOM =
2/26/13; 10:00 AM EST = +33; signal line is +56
2/26/13; 9:37 AM EST = +33; signal line is +57
2/26/13; 9:35 AM EST = +17; signal line is +58
2/26/13; 9:32 AM EST = +31; signal line is +59
2/26/13; 9:30 AM EST = +17; signal line is +60
2/25/13; 3:59 PM EST = +31; signal line is +61

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