STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short as the bears came to play to begin the new year of trading. The algo prints nine numbers today and the algo number is currently 45 points under the signal line; the bears are in firm control. The bulls need RTH above 76.39, VIX below 19.23 and UTIL above 579.30 to regain the upper hand. Any one of these would stop the market selling. RTH begins Tuesday at 76.35 only four pennies in the bear camp, thus, RTH is going to pivot at the opening bell and crown the winning direction going forward. As retail stocks go, so goes the stock market.

If the above three parameters remain bearish, the bears need UTIL under 572.36 which will create more market carnage and a dramatic drop in the stock market.

For the SPX starting at 2013, the bulls need to push above 2038, 25 points higher, a formidable task, so instead bulls will focus on pushing retail stocks higher, volatility lower and utilities and chips higher which will stop the market selling and stabilize equities. The bears need to push under 1990, 23 points lower, also a formidable task, so bears will focus on keeping retail stocks bearish and pushing utilities lower. A move through 1991-2037 is sideways action for Tuesday. The bears are driving the bus to begin 2016.

1/10/16; 7:00 PM EST =

1/8/16; 9:00 AM EST =

1/4/16; 11:34 AM EST = -40; signal line is +5

1/4/16; 11:02 AM EST = -56; signal line is +7

1/4/16; 10:39 AM EST = -40; signal line is +10

1/4/16; 10:32 AM EST = -56; signal line is +13

1/4/16; 10:08 AM EST = -40; signal line is +17

1/4/16; 9:59 AM EST = -24; signal line is +19

1/4/16; 9:57 AM EST = -40; signal line is +21

1/4/16; 9:48 AM EST = -56; signal line is +23

1/4/16; 9:36 AM EST = -40; signal line is +25

1/1/16; Begin 2016 Data Set = +6; signal line is +27; go short 2044; (Benchmark SPX for 2016  = 0%)(Keybot algo this trade = 0%; Keybot algo for 2016 = 0%)(Actual results this trade = 0%; Actual results for 2016 = 0%)