Wednesday, October 30, 2013

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

Keybot the Quant remains short as another odd trading day is underway. Both the VIX and the SPX are higher again today which is very uncharacteristic for markets. UTIL moves above 506.22 helping bulls. If UTIL stays above 506.22 and the SPX moves above 1775.22, Keybot will likely flip long. Markets may stumble along until the 2 PM EST Fed announcement. Bulls need GTX above 4873 to send the SPX higher to 1800. Bears need to push UTIL under 506.22, JJC under 40.19 and/or VIX above 14.60 to stop the market upside. Any 1 of these 3 parameters will help the bears. Markets appear to be a coin-flip now with the Fed flipping the coin in a couple hours.

10/31/13; 7:00 PM EST EOM =
10/30/13; 10:35 AM EST = +62; signal line is +56 but algorithm remains short
10/30/13; 10:24 AM EST = +46; signal line is +56
10/30/13; 10:10 AM EST = +62; signal line is +57 but algorithm remains short
10/29/13; 2:05 PM EST = +46; signal line is +56

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