Friday, August 9, 2013

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

Keybot the Quant remains short but the SOX moves back above 473.36 into the bull camp. If the SOX remains elevated above 373.36, and the SPX moves above 1700, Keybot will likely flip long. The algo is held back from flipping long since all the various programming rules are not lined up properly to allow the move. The bears need to push the SOX lower. The SPX is 1695 five points shy of the 1700 goal the bulls need.

8/11/13; 7:00 PM EST =
8/9/13; 10:43 AM EST = +65; signal line is +51 but algorithm says stay short
8/9/13; 9:30 AM EST = +49; signal line is +51

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