Wednesday, December 12, 2018

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short. The algorithm idles along all week not yet printing any numbers. The bears remain in control with the algo number 14 points below the signal line.

Copper remains key. Bulls need CPER above 17.34 to prove that they can stop the stock market selling. Copper futures are flat to lower. No, check that. Copper futures turn a hair positive up +0.1% as this message is typed 5-1/2 hours before the Wednesday regular stock market trading session. The bears are growling but S&P futures are starting to receive a bid higher. The beat goes on.

12/16/18; 7:00 PM EST =
12/9/18; 7:00 PM EST = -20; signal line is -6

No comments:

Post a Comment

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