Friday, August 23, 2013

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains bearish through the sideways action today. The bulls pushed UTIL above 483.16, but alas, utes fell through again. XLF is remaining under 20.12, now printing under 20. VIX is 14.39 remaining above the 14.23 bull-bear line in the sand but 16 pennies in volatility is nothing. If VIX drops under 14.23, the markets will march higher into the closing bell. For now, the bears continue to drive the bus. The caution flag definitely remains and the signal is actually very close to an imminent turn status. Bears win if they keep VIX above 14.23.  Bulls win below VIX 14.23.

8/25/13; 7:00 PM EST =
8/23/13; 11:21 AM EST = -15; signal line is +2
8/23/13; 10:55 AM EST = +1; signal line is +4
8/20/13; 2:34 PM EST = -15; signal line is +6

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