Tuesday, December 18, 2018

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short and the algo becomes more active today printing five numbers including the pre-market pre-scheduled number. The algo number is 25 points below the signal line so the bears are happy and throwing confetti.

You can see the battle at the UTIL 733.60 bull-bear level that is ongoing. Bulls need UTIL above 733.60 while bears are happy with UTIL sitting on the underside.

Bulls need stronger copper but futures collapse -3% today. The bulls are trying to push the semiconductors higher to gain strength from the chips. Bulls need SOX above 1217.

12/23/18; 7:00 PM EST =
12/21/18; 10:00 AM EST =
12/18/18; 12:39 PM EST = -36; signal line is -11
12/18/18; 12:24 PM EST = -20; signal line is -10
12/18/18; 11:06 AM EST = -36; signal line is -9
12/18/18; 9:36 AM EST = -20; signal line is -9
12/18/18; 9:00 AM EST = -36; signal line is -8
12/17/18; 3:29 PM EST = -36; signal line is -7

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