Keybot the Quant is short to begin the new week of trading. The stock market drubbing was extensive last week. Market bears will receive more downside fuel if utilities move lower. Bulls will need retail and financial stocks higher, and volatility lower, to recover.
For the SPX starting at 1971, the bears need any amount of red in the S&P futures and the SPX will drop several handles at the opening bell. Bulls will simply try to keep the S&P futures green with all their might which will at least stabilize stocks sideways. Keybot prints two pre-scheduled numbers this week one on Tuesday and one on Friday. The bears are in control.
8/30/15;
7:00 PM EST =
8/28/15;
10:00 AM EST =
8/25/15;
10:00 AM EST =
8/23/15; 7:00 PM EST
= -26; signal line is +13
8/21/15;
9:36 AM EST = -26; signal line is +15
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