Tuesday, August 27, 2013

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short. The pre-scheduled number results in a further tightening of the algo number and signal line spread now only 12 points difference. Most sectors are weak. Volatility is higher with VIX over 16 which should create wilder and wilder point swings in the markets. Copper and commodities are the bulls best friends currently.The SPX collapsed at the opening bell printing a LOD at 1640.36. The bears are driving the bus but the fight continues. For now, the imminent turn status is removed but things can change quickly in these fast-moving markets.

8/30/13; 10:00 AM EST =
8/27/13; 10:00 AM EST = -14; signal line is -2
8/26/13; 3:15 PM EST = -15; signal line is -1

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