Friday, January 16, 2015

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. The pre-scheduled number closes the gap between the algo number and the signal line to 25 points. Financial and semiconductor sectors leak lower so the bulls are having difficulty mounting a comeback. Bears are pushing RTH lower down to 69.75 but still need 40 more cents to tag the RTH 69.35 bull-bear line in the sand that the algo is now tracking. The SPX poked under the 1991 low limit for today but could not hold it for more than a few minutes. Markets are staggering sideways. The beat goes on.

1/18/15; 7:00 PM EST =
1/16/15; 10:00 AM EST = +6; signal line is +31
1/13/15; 1:25 PM EST = +3; signal line is +33

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