Tuesday, November 13, 2018

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. The algo remains active printing six numbers in the Tuesday session. The bears remain in control with the algo number 19 points below the signal line.

Bears need UTIL below 728.81 to create market carnage. Bulls need RTH above 106.38, SPX above 2749.65 and/or XLF above 26.98. The downward bias in the stock market will not stop until one of these three bearish parameters turn positive. Bulls need 2 of the 3 to turn bullish to create a strong relief rally.

Bears need weaker utilities while bulls need stronger retail stocks. The beat goes on.

11/18/18; 7:00 PM EST =
11/13/18; 1:54 PM EST = -20; signal line is -1
11/13/18; 1:44 PM EST = -4; signal line is -1
11/13/18; 11:42 AM EST = -20; signal line is -2
11/13/18; 11:21 AM EST = -4; signal line is -2
11/13/18; 9:57 AM EST = -20; signal line is -2
11/13/18; 9:42 AM EST = -4; signal line is -2
11/12/18; 3:56 PM EST = -20; signal line is -1

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