Tuesday, March 27, 2018

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short as the erratic stock market action continues. The algo number is 26 points below the signal line. Market bulls need either NYA above 12419 and/or SOX above 1353 to stop the market carnage. Consider the caution flag to be out if either parameter turns bullish and an imminent turn to the long side will be in play if both parameters turn bullish.

Market bears need to push the SPX below 2561 which is the cliff edge for the stock market. Equities will likely tumble into free fall if 2561 is lost.

4/1/18; 7:00 PM EST EOM EOQ1 =
3/29/18; 10:00 AM EST =
3/27/18; 3:00 PM EST = -24; signal line is +2
3/27/18; 2:31 PM EST = -10; signal line is +4
3/27/18; 10:44 AM EST = +6; signal line is +5 but algorithm remains short
3/27/18; 10:37 AM EST = -8; signal line is +7
3/27/18; 10:00 AM EST = +6; signal line is +8
3/26/18; 3:47 PM EST = +6; signal line is +9
3/26/18; 1:10 PM EST = -8; signal line is +11
3/26/18; 10:35 AM EST = -24; signal line is +12
3/26/18; 9:36 AM EST = -8; signal line is +14
3/25/18; 7:00 PM EST = -24; signal line is +15

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