Monday, August 26, 2013

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

Keybot the Quant remains short but a turn may be imminent. The algo number and signal line are at the same -1 number. The algo says stay short, for now.  VIX is under the 14.35 bull-bear line causing the markets to lift in early trading so bears need higher volatility. Bulls need either UTIL 483.35, XLF 20.12 and/or RTH 53.94 to confirm the upside rally and potentially trigger Keybot to move to the long side. The HOD is 1667.78 so the algo will also need price to move above 1667.78, and stay above this level, for a flip to the bull side.  High drama to begin the new week of trading.

8/27/13; 10:00 AM EST =
8/26/13; 9:50 AM EST = -1; signal line is -1 but algorithm says stay short
8/26/13; 9:31 AM EST = -15; signal line is -1
8/25/13; 7:00 PM EST = -1; signal line is +0

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