Friday, April 5, 2013

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short as the Friday session moves along. Today is an active day for the algo with three more numbers printing. The bulls and bears are fighting over the VIX 14.47 level. VIX is now at 14.41 so the bulls are winning. SOX is at 417 well under the 425 bull-bear line so Keybot will likely remain short unless the semiconductors catch a major bid. The broad indexes should float out sideways into the weekend with the VIX below 14.47. If the VIX moves back above 14.47 before the closing bell, the markets will sell off in force.

4/7/13; 7:00 PM EST =
4/5/13; 1:31 PM EST = +33; signal line is +42
4/5/13; 11:28 AM EST = +17; signal line is +42
4/5/13; 11:18 AM EST = +33; signal line is +43
4/5/13; 9:30 AM EST = +17; signal line is +44

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