Thursday, November 21, 2013

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

Keybot the Quant remains short during another odd market day. SOX catapulted higher providing bull oomph and volatility dropped further also helping lift markets today. UTIL stays under 503.04 in the bear camp. The SPX tags the 1795-1796 area today, the bulls recovering from yesterday's drop, but currently, the SPX has not pushed up through.  Utilities, copper or commodities need to turn bullish to help lock in the market upside and they are not currently cooperating. The imminent turn notation returns once again.  If UTIL moves above 503.04, and SPX above 1796 and higher, Keybot will likely flip long. Otherwise, Keybot will likely remain short into the closing bell.

11/24/13; 7:00 PM EST =  
11/21/13; 9:39 AM EST = +30; signal line is +39
11/20/13; 2:43 AM EST = +14; signal line is +39

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