Friday, August 28, 2015

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains bearish as Friday trading is underway. The two-day stock market rally has not changed the algo's outlook for continued weakness ahead. The algo has not printed any numbers in a couple of days and the algo number remains 59 points under the signal line. Bulls have a lot of ground to make up. The Friday pre-scheduled number prints a short time ago dropping the algo number and signal line by one point each. The bears remain in control despite the two-day rally.

8/30/15; 7:00 PM EST =
8/28/15; 10:00 AM EST = -54; signal line is +5
8/25/15; 10:00 AM EST = -53; signal line is +6

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