Thursday, April 12, 2012

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short.  The algo clicks off a higher number triggered by the lower volatility. Continue watching VIX 19.45 today. The quant is also now focusing on semiconductors, SOX. Watch SOX 423.20, now only a point away, if the bulls attain this level they can continue the recovery rally. The SPX touched the 1375 handle so price is accelerating higher as mentioned last evening.  The SPX punched up thru the 50-day MA. The algorithm may be on the verge of flipping to the bull side, the algo number now only two points away from the signal line.

4/15/12; 7:00 PM EST =
4/13/12; 10:00 AM EST =
4/12/12; 9:39 AM EST = +14; signal line is +16
4/11/12; 11:49 AM EST = 0; signal line is +17

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