Tuesday, March 25, 2014

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

Keybot the Quant remains short. The markets are a circus. The algo prints 10 numbers in a very active day. Keybot wants to go long now but the internal programming rules have not latched into place properly as yet to trigger the flip to the long side. If the SPX moves above 1872 in the Wednesday session, and remains above, Keybot will likely flip long. If there is a gap-up opening, however, the algo may trigger a timer that could delay the move for about 90 minutes time. Bears must send RTH under 59.61 and/or VIX above 14.39 to stop the market upside and create negativity. Bulls will receive further fuel if copper keeps moving higher, especially JJC above 37.85.

For the SPX starting at 1866, the bulls need to touch the 1872 handle and an upside acceleration will occur. The bears need to push under 1856 to create a downside acceleration. A move through 1857-1871 is sideways action for Wednesday. The bulls have it on a silver platter; all they need is about six points higher in the S&P futures overnight and that will create the path to new all-time highs for the SPX in the 1880's. The bears must come to play and push the retail sector lower (RTH) and volatility higher (VIX) with all their might.

3/28/14; 10:00 AM EST =
3/25/14; 3:45 PM EST = +63; signal line is +52 but algorithm remains short
3/25/14; 3:21 PM EST = +49; signal line is +51
3/25/14; 3:13 PM EST = +33; signal line is +51
3/25/14; 2:35 PM EST = +49; signal line is +52
3/25/14; 1:32 PM EST = +63; signal line is +52 but algorithm remains short

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