Keybot the Quant remains short as the algo prints three numbers thus far today. UTIL falls under 503.04 creating market negativity but the fight continues. The algo is now tracking semiconductors with interest. Watch SOX 496.92, now at 499.56, less than 3 points away. If the SOX 496.92 bull-bear danger line fails, equities will take a strong move lower. VIX 13.97 remains key as well. VIX is now at 13.45, at the highs today, helping bulls but less so, and the bears will be happy if VIX can move up through 13.97 which will create strong market downside. Bulls need to regain UTIL 503.04 to get their mojo back. The SPX tested 1788 this morning but bounced; the bears did not have enough juice, yet. The 1788 remains key and will create a downside market acceleration if it fails.
11/24/13;
7:00 PM EST =
11/19/13; 1:01 PM EST
= +30; signal line is +41
11/19/13; 12:41 PM
EST = +46; signal line is +41 but algorithm remains short
11/19/13; 11:26 AM
EST = +30; signal line is +42
11/18/13;
9:37 AM EST = +46; signal line is +42 but algorithm remains short
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