Friday, April 6, 2012

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short thru the weekend. The pre-scheduled number today results in the signal line changing one tick which is not significant. The algorithm prints another pre-scheduled number on Easter Sunday so the week ahead can be assessed at that time.  The U.S. Jobs Report fell far short of projections and the futures markets plummeted this morning. The bears are in control. 

4/8/12; 7:00 PM EST =
4/6/12; 9:00 AM EST = +14; signal line is +44
4/5/12; 3:37 PM EST = +14; signal line is +45
4/5/12; 2:18 PM EST = +30; signal line is +47

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