Thursday, January 30, 2014

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

Keybot the Quant remains short but wants to go long. The algo number is now above the signal line but the internal programming rules will not yet latch to allow the move. Utilities are strong today creating broad market strength. If the SPX moves above 1790.61, and remains above, Keybot will likely flip long. Thus, the imminent turn notation is added to the title line above.

1/31/14; 10:00 AM EST =
1/30/14; 9:36 AM EST = +16; signal line is +12 but algorithm remains short
1/29/14; 3:13 PM EST = -16; signal line is +13

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