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

Keybot the Quant remains short as the XLF dances to and fro along the critical 21.42 bull-bear line. For the bulk of the afternoon, the financials are on the bull side causing the broad indexes to float higher. The algo number and signal line are only separated by one point and Keybot wants to flip back to the long side right now, however, other internal programming rules will have to latch to permit the move.  One of those is SPX 1848 so if the bulls push higher into the close, keeping XLF above 21.42, and moving SPX above 1848, the algo may whipsaw back to the long side. The SPX is now printing 1842 with 38 minutes remaining in the session. The imminent turn status is displayed since the algo is in position to go long. Financials are important.

2/23/14; 7:00 PM EST =

2/20/14; 12:29 PM EST = +32; signal line is +31 but algorithm remains short

2/20/14; 11:22 AM EST = +16; signal line is +30

2/20/14; 11:03 AM EST = +32; signal line is +29 but algorithm remains short

2/20/14; 9:48 AM EST = +16; signal line is +26