4/21/13;
7:00 PM EST =
4/17/13; 9:30 AM EST
= +16; signal line is +35
4/16/13;
3:37 PM EST = +46; signal line is +36 but algorithm says stay short
Wednesday, April 17, 2013
STOCK MARKET BEARISH -- SHORT -- CAUTION
Keybot the Quant remains short. The bears came to play and smacked semiconductors lower and volatility higher which results in a complete give back of yesterday's market gains. The algo is now tracking XLF 17.95 with interest. XLF printed 17.98 minutes ago, watch this closely since substantial extended market downside will occur with XLF losing 17.95. Markets may drift sideways into the Beige Book this afternoon at 2 PM. SOX 425.80, VIX 14.21 and XLF 17.95 dictate market direction. SPX is at 1550.
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