Thursday, December 11, 2014

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the bulls stage a strong comeback from Wednesday's selloff. The NYA moves above 10750 a key win for bulls today but price is only 15 or 20 points above. Watch NYA 10750 closely. If the bulls prevail with NYA, then watch VIX 14.43. The market bears should be fine as long as the VIX remains above 14.43. The SPX is at 2054 trying to recover to yesterday's 2059 high which will accelerate the upside.

12/12/14; 10:00 AM EST =
12/11/14; 10:26 AM EST = +44; signal line is +51
12/10/14; 12:13 PM EST = +30; signal line is +52

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.