Friday, September 28, 2018

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the algo remains active. The algo number is 5 points below the signal line with the bears in control. The bulls jammed the utilities higher which creates buoyancy in the broad stock market. Financials remain weak. Chips remain weak but the bulls are jamming the semi's higher hoping to gather more upside juice. Volatility remains bullish but was helping the bears a few hours ago.

Bears need VIX above 12.97 and/or UTIL below 710.80 to create stock market mayhem.

Bulls need XLF above 28.06 and/or SOX above 1370 to guarantee an upside path for the stock market ahead. If either the banks or chips turn bullish, and the SPX moves above 2927, Keybot may flip long.

9/30/18; 7:00 PM EST EOM EOQ3 =
9/28/18; 10:00 AM EST = +68; signal line is +73
9/28/18; 9:36 AM EST = +68; signal line is +73
9/28/18; 8:40 AM EST = +52; signal line is +73
9/28/18; 6:50 AM EST = +38; signal line is +74
9/27/18; 3:00 PM EST = +52; signal line is +75
9/27/18; 1:12 PM EST = +68; signal line is +76
9/27/18; 12:42 PM EST = +84; signal line is +77 but algorithm remains short
9/27/18; 12:03 PM EST = +68; signal line is +77
9/26/18; 3:47 PM EST = +52; signal line is +77; go short 2908; (Benchmark SPX for 2018 = +8.8%)(Keybot algorithm program this trade = +0.0%; Keybot algo for 2018 = +4.7%)(Actual results this trade = -0.1%; Actual trading results for 2018 = +14.6%)

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