Keybot the Quant is short and cruising. VIX and XLF failure occurred this morning adding the bear fuel for another market leg lower. SPX lost the 50-day MA. Continue to watch VIX 19.50 (now well over 20 and bearish), XLF 15.07 (now at 15.06 with bulls trying to stop the market bleeding) and RTH 40.65 (now at 40.77 only 12 cents from failure which will cause further market downside).
4/15/12; 7:00 PM EST =
4/13/12; 10:00 AM EST =
4/10/12; 12:09 PM EST = -16; signal line is +38
4/10/12; 11:40 AM EST = 0; signal line is +41
4/8/12; 7:00 PM EST = +14; signal line is +43
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