Tuesday, April 16, 2013

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant is short going into the Wednesday session but the algo wants to go long. The algo would have flipped long if the SPX crossed 1581 today, but it did not. Watch VIX 14.21 and SOX 425.80; both are back in the bull camp. If both stay in the bull camp, and the SPX moves above 1575 and holds it for a few minutes, Keybot will likely flip long. The bears must achieve either the VIX 14.21 or SOX 425.80, otherwise, they got nothing. Markets remain erratic and unstable.

4/21/13; 7:00 PM EST =
4/16/13; 3:37 PM EST = +46; signal line is +36 but algorithm says stay short
4/16/13; 1:54 PM EST = +32; signal line is +34
4/16/13; 12:52 PM EST = +46; signal line is +35 but algorithm says stay short
4/16/13; 9:53 AM EST = +32; signal line is +34

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