Tuesday, May 8, 2012

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short. The retail sector has now joined the bear camp with RTH losing the 41.35 level. SPX:VIX is now printing 66.20 failing the 68 level. XLF is now under 15 at 14.97. The bears are growling strongly and the market selling will continue as long as these parameters stay in place.

5/13/12; 7:00 PM EST =
5/11/12; 10:00 AM EST =
5/8/12; 10:00 AM EST = -16; signal line +21
5/8/12; 9:30 AM EST = +0; signal line +22
5/7/12; 1:22 PM EST = +16; signal line +24

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