Thursday, August 14, 2014

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

Keybot the Quant remains long as the VIX punches up through the 12.87 bull-bear line and now sits directly at 12.87 trying to decide which side to favor. High drama. Isn't it amazing how Keybot can identify these inflection points before they occur? Bulls have the upper hand today. If VIX drops under 12.87, or SOX above 617.73, or UTIL above 543.81 (only one of the parameters is necessary for the bulls), and, the SPX prints above 1951, Keybot will likely flip long. Bulls are goosing utilities due to the lower Treasury yields and gunning for UTIL 543.81 and higher to continue the stock market rally.

8/15/14; 10:00 AM EST =
8/14/14; 10:14 AM EST = +7; signal line is +16
8/14/14; 9:42 AM EST = +21; signal line is +17 but algorithm remains short

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