Thursday, October 9, 2014

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long but the algo is champing at the bit to go short again. Internal parameters are latching but not fully in place to permit the move lower. The algo probably wants to see SPX 1942-ish to flip short. The SPX is at 1953. Keep watching XLF 23.11, which failed, and NYA 10638. Both are causing market negativity.

10/12/14; 7:00 PM EST =
10/9/14; 10:35 AM EST = -23; signal line is -11 but algorithm remains long
10/9/14; 9:36 AM EST = -7; signal line is -11

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