Keybot the Quant remains short as the new week of trading begins and the algo prints a number a short time ago providing a further nod to bears. The retail sector flies to the forefront with the algo fixated on RTH 59.60. Price fell under today ushering in market weakness. Simply watch RTH 59.60 since equities will recover higher today if price moves above. If price stays under RTH 59.60, equities will remain weak and head lower. The bears are driving the bus fueled by weaker copper, VIX 14.40 and RTH 59.60 as the three key negative components.
3/25/14;
10:00 AM EST =
3/24/14; 11:31 AM EST
= +32; signal line is +52
3/23/14;
7:00 PM EST = +48; signal line is +54
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