Friday, December 12, 2014

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains bearish as the Friday session is underway and the pre-scheduled number prints improving the algo number by two points but remaining well under the +50 signal line. The SPX collapsed through 2028 so the 2022 handle printed quickly. Stocks are moderating sideways with NYA and JJC under the targets previously listed and XLF above. The bears are becoming comfortable on the short side. Bulls need higher NYA Index and higher copper.

12/14/14; 7:00 PM EST =
12/12/14; 10:00 AM EST = +32; signal line is +50
12/11/14; 2:03 PM EST = +30; signal line is +50

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