Monday, April 27, 2015

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips short this afternoon at SPX 2109. Bulls need either XLF above 24.19, GTX above 3213 and SOX above 698.90 to stage a comeback rally. XLF sits smack-dab on 24.19. Bears need RTH under 76.43 or JJC under 32.65 to gain more downside strength.

For the SPX starting at 2109, the bears need to push under 2107 to create a several handle downside acceleration. Bulls need to push above 2126 to get their mojo back. Markets are very erratic and unstable. Keybot is short from SPX 2109 and that is where price sits to begin the Tuesday session. Watch the banks; as XLF goes, so goes the markets.

4/28/15; 10:00 AM EST =
4/27/15; 3:52 PM EST = +38; signal line is +58
4/27/15; 3:20 PM EST = +54; signal line is +58; go short 2109; (Benchmark SPX for 2015 = +2.4%)(Keybot algo this trade = -0.6%; Keybot algo for 2015 = -1.1%)(Actual results this trade = -0.7%; Actual results for 2015 = -3.3%)
4/27/15; 1:37 PM EST = +54; signal line is +58 but algorithm remains long
4/27/15; 12:01 PM EST = +68; signal line is +58
4/27/15; 11:27 AM EST = +84; signal line is +57
4/27/15; 10:52 AM EST = +70; signal line is +55
4/27/15; 9:56 AM EST = +84; signal line is +55
4/26/15; 7:00 PM EST = +68; signal line is +55

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