Wednesday, April 17, 2013

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short as this weak market day continues. XLF lost the 17.95 ushering in serious market negativity but the bulls managed to push the XLF back above 17.95. Watch this bull-bear line in the sand closely since it will usher in strong market negativity. The bears are driving the bus and cruising. The caution flag is removed for now.

4/21/13; 7:00 PM EST =
4/17/13; 1:38 PM EST = +16; signal line is +34
4/17/13; 12:12 PM EST = +0; signal line is +34
4/17/13; 9:30 AM EST = +16; signal line is +35

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