Friday, April 1, 2022

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short through the choppy open. Bears need to push NYA back below 16690 which would create bigtime selling pressure.

Bulls need SOX above 3435 and XLF above 38.63. The NYA index, chips and banks are controlling stock market direction today. Nothing Else Matters, as Metallica sings. The stock market is a crap shoot these days.

4/3/22; 7:00 PM EST =
4/1/22; 9:46 AM EST = +55; signal line is +65
4/1/22; 9:36 AM EST = +71; signal line is +64 but algorithm remains short
4/1/22; 9:00 AM EST = +41; signal line is +63

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