Friday, May 13, 2016


Keybot the Quant  remains short as the choppy sloppiness in the stock market continues. Watch financials and chips. Bulls need SOX above 652 to stop the market selling. Bears need XLF under 22.73 (now at 22.86) to create a strong leg lower in the stock market. The SPX slipped under 2044 which is negative for this year. Watch the financials as trading closes out during the last hour on Friday. All Hades will break loose if XLF fails at 22.73; if price remains above, then bulls will limp into the weekend.

5/15/16; 7:00 PM EST =
5/13/16; 10:00 AM EST = +47; signal line is +69
5/12/16; 3:02 PM EST = +44; signal line is +70
5/12/16; 2:52 PM EST = +60; signal line is +72
5/11/16; 2:49 PM EST = +44; signal line is +72

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.