Wednesday, August 7, 2013

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short as the session motors along. Two more numbers print. GTX collapsed through the 4795 level which causes market bearishness but JJC is above 39.00 and SOX is above 473.36 creating bullishness. Keep watching these three parameters since they dictate market direction.

8/11/13; 7:00 PM EST =
8/7/13; 1:35 PM EST = +51; signal line is +52
8/7/13; 1:16 PM EST = +65; signal line is +52 but algorithm says stay short
8/7/13; 12:17 PM EST = +49; signal line is +52
8/7/13; 10:55 AM EST = +65; signal line is +52 but algorithm says stay short

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