Tuesday, May 15, 2012

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the retail sector battles the bull-bear danger line at RTH 41.38. The SPX:VIX ratio remains under 68 which is market bearish. The algo number is now within five points of the signal line so Keybot is warming up to the potential long side. Trading today and tomorrow is important. Watch RTH 41.38. Caution is warranted.

5/20/12; 7:00 PM EST =
5/16/12; 9:00 AM EST =
5/15/12; 11:39 AM EST = +0 signal line +5
5/15/12; 11:05 AM EST = -16 signal line +7
5/15/12; 10:35 AM EST = +0 signal line +9
5/14/12; 2:19 PM EST = -16; signal line +11

2 comments:

  1. I think you mean Keybot remains "SHORT"...

    ReplyDelete
  2. Hello Anon, yes, thank you for the correction, text was edited.

    ReplyDelete

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