Friday, March 1, 2013

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

Keybot the Quant remains short but the algo wants to move to the long side. Internal programming rules are holding it back. One item the quant needs to trigger the flip to the bull side is for the SPX to move above 1525.  The market bears must push volatility higher to stop the upside move in the broad indexes. If the SPX crosses above 1525 and stays above, Keybot will likely flip long. The day started out bearish and now Keybot is on the verge of going long. Very erratic markets continue.

3/3/13; 7:00 PM EST =
3/1/13; 12:05 PM EST = +49; signal line is +47 but algorithm says stay short
3/1/13; 11:40 AM EST = +33; signal line is +48
3/1/13; 10:32 AM EST = +49; signal line is +49 but algorithm says stay short

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