Keybot the Quant is short as retail stocks take the pipe to begin Friday's trade. RTH plummets below 77.37 creating negativity. Bulls will need to bring RTH higher to stop the market selling. Bears are in firm control and are now attacking the utility sector to gain more downside juice. Bulls will try to keep utilities strong while pulling retail stocks higher.
The bears are cruising with the algo number 41 points below the signal line. The markets are erratic and unstable.
8/23/15;
7:00 PM EST =
8/21/15; 9:36 AM EST
= -26; signal line is +15
8/20/15;
10:01 AM EST = -10; signal line is +16
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