Friday, December 6, 2013

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

Keybot the Quant remains short as the intense market action continues. The bulls spike markets higher today. UTIL tags the 491.25 number but retreats. JJC tags 39.68 but retreats. VIX drops under 13.95 supplying bull fuel, but moves back above 13.95, now at 14.00, favoring bears. How interesting it is that the price action is tagging all three areas and levels Keybot identified ahead of time? The algo was a hair away from flipping long due to the lower volatility but did not trigger. Watch VIX 13.95; bulls need lower volatility to be able to get the model to flip long. JJC is now at 39.53 and needs to move above 39.68+ to help bulls. UTIL needs to move above 491.25 to help bulls. Markets are a coin-flip. Watch VIX 13.95 and the current SPX HOD at 1802.36; these are the 2 key elements in real-time right now.

12/8/13; 7:00 PM EST =
12/6/13; 10:49 AM EST = +30; signal line is +33
12/6/13; 10:00 AM EST = +44; signal line is +33 but algorithm remains short
12/6/13; 9:46 AM EST = +44; signal line is +33 but algorithm remains short
12/6/13; 9:00 AM EST = +30; signal line is +33
12/3/13; 1:22 PM EST = +30; signal line is +33

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