Monday, September 29, 2014


Keybot the Quant remains short as equities begin the weak on a sour tone mainly due to the Hong Kong unrest and Brazil tumbling lower. UTIL is well under the 566.46 bull-bear line in the sand that is applicable for the entire week so the bulls have their work cut out for them to bring utes higher. Volatility moves higher creating bear fuel.

Watch the financials; XLF 23.05. XLF is at 23.12 only pennies away and a failure at 23.05 will create significant downside. Markets are recovering as the Fed POMO pump sends stocks higher mid-morning. Bulls will focus on pushing financials and utilities higher while sending volatility lower to try and stop the downside selling.

9/30/14; 10:00 AM EST =
9/29/14; 9:36 AM EST = +27; signal line is +38
9/28/14; 7:00 PM EST = +43; signal line is +38 but algorithm remains short

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