Monday, March 9, 2015

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the bulls recover from the Friday drubbing. The algo number is only 4 points below the signal line so the caution flag is out. Bulls need to push UTIL above 574 to signal the all-clear for the rally and likely flip Keybot to the long side. Bears will stop the move higher in stocks with either JJC 31.86, VIX 15.78 and/or NYA 10845.

For the SPX starting at 2079, the bulls need to push above 2083.50 to accelerate the upside. Bears need to push under 2072 to accelerate the downside. A move through 2073-2083 is sideways action.

3/13/15; 10:00 AM EST =
3/9/15; 11:05 AM EST = +52; signal line is +56
3/9/15; 9:36 AM EST = +36; signal line is +56
3/8/15; 7:00 PM EST = +22; signal line is +57

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