Tuesday, September 13, 2016

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short as the fight at XLF 23.84 continues. Note that equities are down near the lows but XLF comes back down to 23.88 not testing the 23.84. Keybot only sees 1's and 0's but this behavior may hint that the bulls are planning a mini relief rally. XLF 23.84 is key. Bulls need to drive volatility lower and utilities, copper, and commodities higher. The bears remain in control with the algo number 24 points under the signal line.

9/16/16; 10:00 AM EST =
9/13/16; 1:18 PM EST = +20; signal line is +44
9/13/16; 12:57 PM EST = +4; signal line is +45
9/13/16; 12:12 PM EST = +20; signal line is +47
9/13/16; 11:55 AM EST = +4; signal line is +49
9/12/16; 9:36 AM EST = +20; signal line is +52

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