Wednesday, April 9, 2014

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the excitement continues. XLF 21.87 and VIX 14.59 provide the market answer today. Currently both remain bearish so market negativity remains and markets cannot make any headway higher. If XLF and VIX turn bullish, and the SPX moves above the intraday high today at 1858.38, and remains above, Keybot will likely flip long. The action is very erratic so the caution flag is placed until markets can make a firm commitment one way or the other.

4/11/14; 10:00 AM EST =
4/9/14; 10:49 AM EST = +17; signal line is +41
4/9/14; 10:29 AM EST = +33; signal line is +42
4/9/14; 9:52 AM EST = +17; signal line is +43
4/9/14; 9:47 AM EST = +33; signal line is +43
4/9/14; 9:37 AM EST = +47; signal line is +43 but algorithm remains short
4/8/14; 2:11 PM EST = +17; signal line is +44

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.