Tuesday, March 11, 2014

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

Keybot the Quant remains short moving into the Tuesday session and did not print any numbers on Monday. The stock market remains a coin flip. Volatility remains the key market driver currently. The VIX bull-bear line is 14.00. VIX begins the day at 14.20 causing market negativity. If VIX stays above 14 and moves higher, equities sell off. If the VIX falls through 14, equities rally higher.

For the SPX starting at 1877, the bulls only need one point, to touch the 1878 handle and an upside acceleration will occur. The bears need to push under 1867 to accelerate the downside. A move through 1868-1877 is sideways action. The imminent turn notation remains since if VIX drops under 14 and the SPX moves above 1878, and both remain bullish, Keybot will likely flip to the long side. Markets are unstable not knowing which way to turn. VIX 14 is the pivot level that provides the answer.

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

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