Thursday, November 12, 2015


Keybot the Quant remains short and prints the first number for this week yesterday slipping more into the bear camp. Focus on retail stocks specifically the RTH 76.47 bull-bear line in the sand. RTH begins the day at 76.45 two pennies in the bear camp creating broad market negativity. If RTH heads lower the stock market will weaken; if RTH recovers above 76.47 heading higher equities will rally.

For the SPX starting at 2075, the bears only need a smidge of red in the S&P futures and the SPX will accelerate lower after the opening bell. S&P futures are down -2. The bulls need to push the SPX above 2087 to regain their mojo. A move through 2076-2086 is sideways action. The bears are in charge with the algo number 34 points below the signal line.

11/13/15; 10:00 AM EST =
11/11/15; 3:05 PM EST = +3; signal line is +37
11/8/15; 7:00 PM EST = +19; signal line is +38

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