Friday, October 26, 2012

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains bearish. The algo printed a couple of numbers after the opening bell yesterday. Continue watching RTH 44.47 (now bearish), GTX 4895 (now bearish) and XLF 15.60 (one of the last major sectors remaining bullish). Bulls need the RTH and GTX to move higher while bears want the financial sector to fail next. S&P futures are down 10 due to disappointing AMZN and AAPL earnings.  Keybot prints a pre-scheduled number at 10 AM this morning so the market action can be updated at that time. 

10/28/12; 7:00 PM EST =
10/26/12; 10:00 AM EST =
10/25/12; 9:43 AM EST = -16; signal line is +37
10/25/12; 9:30 AM EST = +0; signal line is +39
10/23/12; 3:31 PM EST = -16; signal line is +41

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