Monday, March 10, 2014

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

Keybot the Quant is bearish to begin the new week of trading. VIX 13.98 will continue to tell the market story. Bears win above. Bulls win below. VIX begins the week in the bear camp at 14.11. For the SPX starting at 1878, the bulls need to punch up through 1883.50 and an upside acceleration to 1890 will occur. The bears need to push under 1871 to accelerate the downside. A move through 1872-1883 is sideways action for Monday. S&P futures are -5 about five hours before the US opening bell. Markets remain erratic and very unstable. If the VIX drops under 13.98, and the SPX moves above 1884, and both remain bullish, Keybot may flip back to the long side.

3/16/14; 7:00 PM EST =
3/14/14; 10:00 AM EST =
3/9/14; 7:00 PM EST = +48; signal line is +51
3/7/14; 1:06 PM EST = +48; signal line is +51

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