Saturday, June 6, 2015

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains on the short side and the algo prints another active day on Friday. Financials ran higher helping the bulls and in the afternoon volatility dropped so bears were unable to gain any downside traction. The bears will need to push either the NYA Index lower or volatility higher on Monday to create selling pressure, otherwise the bulls will keep gunning for a recovery rally. There is only a two-point difference between the algo number and signal line verifying the ongoing bull-bear struggle.

6/7/15; 7:00 PM EST =
6/5/15; 3:53 PM EST = +14; signal line is +16
6/5/15; 3:44 PM EST = +0; signal line is +16
6/5/15; 2:59 PM EST = +14; signal line is +17
6/5/15; 2:47 PM EST = +0; signal line is +18
6/5/15; 2:18 PM EST = +14; signal line is +19
6/5/15; 1:50 PM EST = +0; signal line is +19
6/5/15; 1:35 PM EST = +14; signal line is +21
6/5/15; 9:00 AM EST = +0; signal line is +21
6/4/15; 10:36 AM EST = +0; signal line is +22

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