Tuesday, April 16, 2013

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short and active in today's market printing three numbers to begin the day. The VIX remains in the bear camp above 14.21 and the SOX is now in the bull camp above 425.65. These two are dictating market direction today. Markets remain unstable. Keybot will likely remain short today unless the SPX moves above 1581 where a flip back to the long side may occur. The bears remain in control by a hair.

4/21/13; 7:00 PM EST =
4/16/13; 9:53 AM EST = +32; signal line is +34
4/16/13; 9:39 AM EST = +46; signal line is +34 but algorithm says stay short
4/16/13; 9:30 AM EST = +33; signal line is +33 but algorithm says stay short
4/16/13; 9:00 AM EST = +17; signal line is +33

No comments:

Post a Comment

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