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

Keybot the Quant remains short through a low volume erratic day of trading. The bulls did their best to push higher today but fell on their sword into the close. VIX exploded higher sending markets lower. Financials and retail collapsed late-day.  Watch VIX 14.33, UTIL 483.32, XLF 20.11 and RTH 53.91. All 4 are causing bearishness so the bulls need to turn at least one parameter bullish to send equities higher, otherwise, they got nothing. For the SPX starting at 1657, the bulls need to move above 1669.50 and an upside acceleration will occur. Bears need to push only one point lower, under 1656, to create a downside acceleration so negativity in the overnight futures will pave the way for the bears. A move through 1657-1668 is sideways action for Tuesday. Keybot prints a pre-scheduled number at 10 AM so the action can be updated at that time.

8/27/13; 10:00 AM EST =

8/26/13; 3:15 PM EST = -15; signal line is -1

8/26/13; 12:07 PM EST = -1; signal line is +0