STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. Both retail stocks and banks give up the ghost creating the downside drop in stocks. Bulls are trying to push RTH back above the key 119.93 level and XLF back above the key 30.31 level to prevent a bloodbath. These two parameters tell you everything you need to know about stock market direction.

The bears are in charge with the algo number now 48 points below the signal line. The bears are cruising. Strap yourself in for the remainder of the day keeping water and rations handy. If the retail stocks and banks remain in the bear camp, there will be H*ll to pay into the closing bell. The SPX is at 3289.

1/26/20; 7:00 PM EST =

1/24/20; 2:07 PM EST = +24; signal line is +72

1/24/20; 2:00 PM EST = +40; signal line is +74

1/24/20; 11:24 AM EST = +56; signal line is +75

Note Added 2:17 PM EST: SPX 3285. VIX 15.58. XLF 30.25. RTH 119.90. Goodnight Irene, Irene goodnight.