Wednesday, October 31, 2012

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short and is active to start the week printing another number. RTH gave up the ghost only staying above 44.47 for the first hour of trading.  GTX is at 4880.  Keybot now says to watch 4920, so the bulls need 40 points to create a positive influence on markets, otherwise, the bearish pall remains in place.  The SPX is sideways thru 1409-1413. The bears need to see 1403 to accelerate the downside.

11/1/12; 10:00 AM EST =
10/31/12; 7:00 PM EST EOM =
10/31/12; 10:40 AM EST = -15; signal line is +28
10/31/12; 9:30 AM EST = +1; signal line is +30

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