Sunday, September 30, 2012

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short to start the new trading week. UTIL 472.06 is very important this week. For Monday, if UTIL stays above 472.06 and the SPX moves above 1447, Keybot will likely flip long.  If UTIL stays above 472.06 and the SPX does not move above 1447, Keybot will likely remain short. If UTIL drops under 472.06, the broad market selling will accelerate. Expect the unexpected. Markets are very unstable. The action can be updated Monday morning since the algo should be active to start the new week.

10/7/12; 7:00 PM EST =
10/5/12; 9:00 AM EST =
9/30/12; 7:00 PM EST EOM EOQ3 = +44; signal line is +56
9/28/12; 10:00 AM EST = +44; signal line is +56

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