STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips to the short side this morning at SPX 2265. Utilities failed with UTIL slipping under the important 660.10 level. Keep watching this as well as RTH 76.60. RTH is playing around at this level deciding to bounce or die. Stocks will drop lower if retail stocks dip but bulls will float stocks higher if retail stocks move higher. Bulls desperately need UTIL above 660.10 as soon as possible. Bears need UTIL to remain under 660.10 which keeps the door open to the downside for equities.

The benchmark SPX is up nearly +11% this year.On the last trade, the Keybot computer program gains +3% and is up nearly +18% this year and the actual trading gains nearly +7% and is up +44% in 2016. The results have greatly benefited from the move in the Russell small caps ETF's. Keybot exits UWM and enters SDS.

1/1/17; 7:00 PM EST EOM; EOQ4; EOH2; EOY =  

12/28/16; 9:50 AM EST = +68; signal line is +82; go short 2265; (Benchmark SPX for 2016 = +10.8%)(Keybot algo this trade = +2.8%; Keybot algo for 2016 = +17.6%)(Actual results this trade = +6.6%; Actual results for 2016 = +43.6%)

12/28/16; 9:38 AM EST = +68; signal line is +82 but algorithm remains long

12/27/16; 12:52 PM EST = +84; signal line is +82

12/27/16; 10:00 AM EST = +68; signal line is +81 but algorithm remains long

12/27/16; 9:36 AM EST = +68; signal line is +80 but algorithm remains long

12/25/16; 7:00 PM EST = +100; signal line is +80

12/23/16; 10:00 AM EST = +100; signal line is +79

12/22/16; 10:21 AM EST = +100; signal line is +77

12/22/16; 10:01 AM EST = +84; signal line is +76

12/22/16; 9:39 AM EST = +100; signal line is +74

12/21/16; 3:59 PM EST = +84; signal line is +72

12/19/16; 3:39 PM EST = +100; signal line is +71

12/19/16; 3:00 PM EST = +84; signal line is +69

12/19/16; 12:04 PM EST = +100; signal line is +69

12/19/16; 11:24 AM EST = +84; signal line is +67

12/19/16; 10:48 AM EST = +68; signal line is +66

12/19/16; 9:57 AM EST = +84; signal line is +66

12/19/16; 9:47 AM EST = +100; signal line is +65

12/19/16; 9:36 AM EST = +84; signal line is +64

12/18/16; 7:00 PM EST = +84; signal line is +63

12/16/16; 3:59 PM EST = +84; signal line is +62

12/16/16; 1:52 PM EST = +68; signal line is +62

12/16/16; 11:36 AM EST = +84; signal line is +61

12/16/16; 9:00 AM EST = +68; signal line is +61

12/14/16; 2:07 PM EST = +68; signal line is +60

12/13/16; 2:20 PM EST = +84; signal line is +60

12/11/16; 7:00 PM EST = +68; signal line is +59

12/9/16; 10:00 AM EST = +68; signal line is +59

12/5/16; 9:47 AM EST = +66; signal line is +59; go long 2204; (Benchmark SPX for 2016 = +7.8%)(Keybot algo this trade = -0.5%; Keybot algo for 2016 = +14.8%)(Actual results this trade = -2.3%; Actual results for 2016 = +37.0%)