Monday, August 26, 2013

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

Keybot the Quant remains short as the algo already prints six numbers to begin the week. The bulls could not receive juice from utilities so the financials and retail sectors were pumped instead. Watch the ongoing drama with RTH 53.92 and XLF 20.11. Both ran higher into the bull camp but then reversed liking the bear camp better. The bears continue driving the bus but both sides are fighting for control. Bulls need XLF above 20.11 and higher and the SPX 1669 and higher to create the conditions for the algo to flip long. Bears simply need to keep UTIL, RTH and XLF in the bear camp while pushing volatility higher. Markets remain a coin flip right now. XLF 20.11 tells a lot. Current print for XLF at this writing is 20.09 helping the bear case.

8/27/13; 10:00 AM EST =
8/26/13; 12:07 PM EST = -1; signal line is +0
8/26/13; 11:23 AM EST = +15; signal line is +0 but algorithm says stay short
8/26/13; 11:21 AM EST = +31; signal line is +0 but algorithm says stay short
8/26/13; 11:01 AM EST = +15; signal line is -0 but algorithm says stay short
8/26/13; 9:50 AM EST = -1; signal line is -1 but algorithm says stay short

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