Keybot the Quant remains short as the bears keep smacking the bulls around. Bulls can probably stop the market selling if they move the utilities higher. Watch UTIL 585.74, call it 586. UTIL is at 573 which causes market negativity. Bulls can stop the stock market carnage by pushing UTIL above 586. UTIL failed the 50-week MA this morning at 589 and the closing low 15 weeks ago at 585.74 opening a trap-door in the markets and stocks certainly collapsed through the trap-door.
The bears are cruising with the algo number 65 points under the signal line. Keybot prints a pre-scheduled number shortly after trading begins on Tuesday.
8/25/15;
10:00 AM EST =
8/24/15; 1:22 PM EST
= -58; signal line is +7
8/24/15; 11:59 AM EST
= -26; signal line is +9
8/24/15; 9:36 AM EST
= -58; signal line is +11
8/23/15;
7:00 PM EST = -26; signal line is +13
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