Friday, March 1, 2013

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains bearish but things can change quickly. Volatility is dropping as the morning plays out sending the SPX higher. The algo number and signal line are the same number now, +49, which illustrates how the broad indexes are a complete toss-up at this point.  The internal programming is keeping Keybot short, for now. Watch VIX 15.65 today, it will tell the tale.

3/3/13; 7:00 PM EST =
3/1/13; 10:32 AM EST = +49; signal line is +49 but algorithm says stay short
3/1/13; 10:00 AM EST = +33; signal line is +49

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