Tuesday, February 26, 2013

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. The drama continues around XLF 17.21. The XLF is now at 17.28 which allows the bulls to maintain sideways to slightly higher markets. The bears need to push the XLF under 17.21 to create another down leg in the broad indexes.

3/1/13; 10:00 AM EST =
2/28/13; 7:00 PM EST EOM =
2/26/13; 11:51 AM EST = +33; signal line is +53
2/26/13; 11:13 AM EST = +17; signal line is +54

5 comments:

  1. You have a typo in the update, perhaps it was a froidian slip :), you say LONG instead of being SHORT.

    Thanks for all you do.

    ReplyDelete
  2. Is a "froidian slip" a Freudian slip ("froid" meaning cold in French)?

    ReplyDelete
    Replies
    1. Anon is alluding to Sigmund Freud the father of pscyhoanalysis; a 'Freudian slip'.

      Delete
  3. I know. I was making a joke, trying to give him more credit than his lack of spelling prowess deserves.

    ReplyDelete

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