STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short. The algo prints numbers like crazy for the Tuesday session.  Funny how some days Keybot meanders along uninterested without printing any numbers and then other days are a frenzy of activity. The bulls send the signal line down to +6 now only 21 points from the algo number. Watch UTIL 483.16, RTH 53.97, XLF 20.12 and VIX 14.21. All four parameters remain bearish and will continue to create market negativity unless 1 of the 4 move across the levels shown to create market bullishness. If 2 of the 4 turn bullish, and the SPX moves above 1659, Keybot would likely flip to the long side.

For the SPX for Wednesday, starting at 1652, the bulls need to touch 1659 and the upside will accelerate well into the 1660's. The bears must push under 1646 to accelerate the downside into the 1630's. A move through 1647-1658 is sideways action. The caution flag is out. If 1 of the 4 parameters highlighted above turn bullish, consider the algo to be near an imminent turn back to the long side.  

8/25/13; 7:00 PM EST =

8/20/13; 2:34 PM EST = -15; signal line is +6

8/20/13; 2:22 PM EST = +1; signal line is +9

8/20/13; 2:14 PM EST = -15; signal line is +11

8/20/13; 1:16 PM EST = +1; signal line is +14

8/20/13; 12:34 PM EST = -15; signal line is +16

8/20/13; 12:17 PM EST = +1; signal line is +18

8/20/13; 12:16 PM EST = -15; signal line is +20

8/20/13; 11:40 AM EST = +1; signal line is +22

8/20/13; 11:30 AM EST = -15; signal line is +25

8/20/13; 10:27 AM EST = +1; signal line is +27