Monday, March 4, 2013

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

Keybot the Quant remains short as the new week of trading begins and the algo wastes no time printing a number giving the initial nod to the bears.  The VIX number adjusts, watch VIX 15.55, now at 15.87 causing bearishness. Also watch SPX 1520. The beat goes on. Markets walk a tightrope not knowing which side to favor.

3/10/13; 7:00 PM EST =
3/8/13; 9:00 AM EST =
3/4/13; 9:38 AM EST = +33; signal line is +45
3/3/13; 7:00 PM EST = +49; signal line is +46 but algorithm says stay short

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.