STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot remains short. The selling is doing serious damage. Continue watching NYA 40 week MA cross and SPX:VIX 68 level and SPX 1270 support.

7/3/11; 7:00 PM EST =

7/1/11; 10:00 AM EST =

6/30/11; 7:00 PM EST EOM =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/19/11; 7:00 PM EST =

6/17/11; 10:00 AM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/10/11; 1:54 PM EST = -28; signal line is -21

6/10/11; 1:45 PM EST = -42

6/10/11; 10:06 AM EST = -28; signal line is -18; go short 1277; (Benchmark SPX for 2011=+1.5%)(Keybot this trade=-1.0%; Keybot for 2011=+5.4%)(Actual this trade via DIA=-1.1%; Actual for 2011=-0.1%)

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips back to the short side with a whipsaw as suspected.  The VIX is well above the 17.71 level favoring bears.  SPX broke thru the 1280 handle ushering in further weakness as forecasted.  Note that the SPX:VIX ratio did not fail at 68 yet, however, so, just like the up move was suspect, this down move is suspect.  If the ratio loses the 68 level the indexes will be sold off much larger than the big losses you see now. SPX:VIX currently at 68.5.  Watch the NYA 40 week MA at 8002, a secular signal, that is currently being tested with the NYA at 8033.  If the NYA loses only 31 more points, expect the market selling to increase.

Markets remain unstable and indecisive.  Bear case can be confirmed if the SPX:VIX loses 68 or if the NYA loses 8002, otherwise, stay on guard for another whipsaw. Keybot had to take a 1% loss for the one day whipsaw. 

7/3/11; 7:00 PM EST =

7/1/11; 10:00 AM EST =

6/30/11; 7:00 PM EST EOM =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/19/11; 7:00 PM EST =

6/17/11; 10:00 AM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/10/11; 10:06 AM EST = -28; signal line is -18; go short 1277; (Benchmark SPX for 2011=+1.5%)(Keybot this trade=-1.0%; Keybot for 2011=+5.4%)(Actual this trade via DIA=-1.1%; Actual for 2011=-0.1%)

6/9/11; 3:58 PM EST = -28; signal line is -17 but algorithm says stay long

6/9/11; 12:32 PM EST = -14; signal line is -15

6/9/11; 11:50 AM EST = 0; signal line is -14; go long 1290; (Benchmark SPX for 2011=+2.5%)(Keybot this trade=+3.1%; Keybot for 2011=+6.4%)(Actual this trade via DOG=+2.3%; Actual for 2011=+1.0%)

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot remains long but the algorithm clicked off a lower number just before the close.  Algorithm rules prevented any whipsaw, however, at least for now.  Volatility climbed in the final couple of minutes of today's session; the markets can be sneaky.

For tomorrow, the Friday session, the market bulls need a push five points higher if they expect to gain some momo.  Thus, if the SPX sees 1294.50, then the move up will accelerate.  If, however, the market bears come to play, they need to push ten points lower, down thru the 1280 handle.  If the bears can get under 1280, accelerated selling in the broad markets will occur again.  If neither this lower 1280.00, or the higher 1294.50 are taken out tomorrow, then the markets will float along sideways into the weekend, content with a sideways move to finish the week.

Markets remain unstable.  Caution, stay on guard.

7/3/11; 7:00 PM EST =
7/1/11; 10:00 AM EST =

6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/19/11; 7:00 PM EST =

6/17/11; 10:00 AM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/9/11; 3:58 PM EST = -28; signal line is -17 but algorithm says stay long

6/9/11; 12:32 PM EST = -14; signal line is -15

6/9/11; 11:50 AM EST = 0; signal line is -14; go long 1290; (Benchmark SPX for 2011=+2.5%)(Keybot this trade=+3.1%; Keybot for 2011=+6.4%)(Actual this trade via DOG=+2.3%; Actual for 2011=+1.0%)

SPX Daily Chart Showing Keybot the Quant Turns

Keybot covered the short side and flipped long today at SPX 1290. Volatility remains low, relatively. Watch for a whipsaw since the move to the bullish side is not convincing as yet. Utilities sector and low volatility are helping the bulls. Markets remain unstable, stay on guard. Watch SPX:VIX ratio 68 level. Do not invest based on anything you read or view here. The charts and information, as well as any links, are for educational and entertainment purposes only.

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot remains long.  Volatility remains low. Commodities moderating. The algorithm sits within one point of the signal line which says that Keybot is long but it is not strong bullishness.  Bulls and bears continue to do battle in these unstable markets.

7/3/11; 7:00 PM EST =

7/1/11; 10:00 AM EST =
6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/19/11; 7:00 PM EST =

6/17/11; 10:00 AM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/9/11; 12:32 PM EST = -14; signal line is -15

6/9/11; 11:50 AM EST = 0; signal line is -14; go long 1290; (Benchmark SPX for 2011=+2.5%)(Keybot this trade=+3.1%; Keybot for 2011=+6.4%)(Actual this trade via DOG=+2.3%; Actual for 2011=+1.0%)

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the long side at 11:50 AM at SPX 1290.  The market bulls are running since the VIX is staying under 17.7, the SPX:VIX is staying above 68, and the SPX ran higher to touch the 1287+ handles.

The SPX benchmark index is now only up 2.5% this year.

Stay on guard for a whipsaw, markets are unstable.

7/3/11; 7:00 PM EST =
7/1/11; 10:00 AM EST =

6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/19/11; 7:00 PM EST =

6/17/11; 10:00 AM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/9/11; 11:50 AM EST = 0; signal line is -14; go long 1290; (Benchmark SPX for 2011=+2.5%)(Keybot this trade=+3.1%; Keybot for 2011=+6.4%)(Actual this trade via DOG=+2.3%; Actual for 2011=+1.0%)

6/9/11; 11:12 AM EST = 0; signal line is -13 but algorithm says stay short

6/9/11; 10:04 AM EST = -14; signal line is -13

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short but after clicking off one number today, the algorithm is on the verge of flipping to the long side.  The algorithm is most interested in commodities behavior currently, as well as the relationship of volatility, measured by the VIX, in relation to the 17.67 level.

Markets remain unstable. Caution is warranted.

7/3/11; 7:00 PM EST =

6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/24/11; 10:00 AM EST =

6/19/11; 7:00 PM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/10/11; 10:00 AM EST =

6/9/11; 10:04 AM EST = -14; signal line is -13

6/7/11; 3:29 PM EST = -28

6/7/11; 1:30 PM EST = -14; signal line is -10

6/7/11; 1:22 PM EST = -28

6/7/11; 1:04 PM EST = -14

6/7/11; 11:25 AM EST = -28

6/7/11; 10:05 AM EST = -14

6/6/11; 12:31 PM EST = -28

6/6/11; 12:14 PM EST = -14

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short ahead of the Thursday session.  The VIX stayed above the 17.7 level all day long which shows the market bears in control.  The algorithm idled all day long but did not click off any numbers. Today was a bull-bear fight, or standoff, the TRIN moving on each side of 1.0 verifying the sideways struggle. The SPX took turns at the 1279, 1282 and 1286 support/resistance levels.

For tomorrow for the SPX, if price drops only two points after the opening bell, and falls thru the 1277.42 level, the selling will accelerate targeting the 1275 gap fill and 1270 support.

If the market bulls can keep it together overnight, and keep the futures green, and move the SPX up to touch a 1287 handle afte rthe open, then the buyers will flood into the markets and buying will accelerate.

The SPX:VIX ratio is only ten cents above the 68 level. If this fails, the indexes will sell off large tomorrow.  If the ratio stays above 68, the bulls are fighting back and will create buoyancy under the broad markets.

High drama continues, markets remain unstable, caution is warranted.

7/3/11; 7:00 PM EST =

6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/24/11; 10:00 AM EST =

6/19/11; 7:00 PM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/10/11; 10:00 AM EST =

6/7/11; 3:29 PM EST = -28

6/7/11; 1:30 PM EST = -14; signal line is -10

6/7/11; 1:22 PM EST = -28

6/7/11; 1:04 PM EST = -14

6/7/11; 11:25 AM EST = -28

6/7/11; 10:05 AM EST = -14

6/6/11; 12:31 PM EST = -28

6/6/11; 12:14 PM EST = -14

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot remains on the short side. With only minutes remaining in the session, the algorithm clicks off a lower number, so Chairman Bernanke is not spreading good cheer.

7/3/11; 7:00 PM EST =

6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/24/11; 10:00 AM EST =

6/19/11; 7:00 PM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/10/11; 10:00 AM EST =

6/7/11; 3:29 PM EST = -28

6/7/11; 1:30 PM EST = -14; signal line is -10

6/7/11; 1:22 PM EST = -28

6/7/11; 1:04 PM EST = -14

6/7/11; 11:25 AM EST = -28

6/7/11; 10:05 AM EST = -14

6/6/11; 12:31 PM EST = -28

6/6/11; 12:14 PM EST = -14

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot remains short as the final hour of trading occurs; traders walking on eggshells ahead of Chairman Bernanke's words in a few minutes.  The algorithm clicked off five numbers so far today. If Bernanke maintains a firmly dovish posture and even hints slightly in favor of more easing and QE3, the market bulls will probably grab the ball with a lower dollar, higher equities.  If Bernanke avoids mention of further easing and QE3, then the market bears will regain control with a stronger dollar, lower equities.  Markets remain unstable.

7/3/11; 7:00 PM EST =

6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/24/11; 10:00 AM EST =

6/19/11; 7:00 PM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/10/11; 10:00 AM EST =

6/7/11; 1:30 PM EST = -14; signal line is -10

6/7/11; 1:22 PM EST = -28

6/7/11; 1:04 PM EST = -14

6/7/11; 11:25 AM EST = -28

6/7/11; 10:05 AM EST = -14

6/6/11; 12:31 PM EST = -28

6/6/11; 12:14 PM EST = -14

6/5/11; 7:00 PM EST = -28

6/3/11; 2:58 AM EST = -28

6/3/11; 11:48 AM EST = -14

6/3/11; 11:35 AM EST = -28

6/3/11; 10:37 AM EST = -14

6/3/11; 9:00 AM EST = -28

6/2/11; 10:53 AM EST = -28

6/2/11; 10:32 AM EST = -14

6/1/11; 3:23 PM EST = -28

6/1/11; 2:57 PM EST = -14

6/1/11; 2:42 PM EST = -28

6/1/11; 11:34 AM EST = -14

6/1/11; 10:44 AM EST = +2; signal line is +5; go short 1331; (Benchmark SPX for 2011=+5.8%)(Keybot this trade=-0.3%; Keybot for 2011=+3.3%)(Actual this trade via SPY=-0.8%; Actual for 2011=-1.3%)

STOCK MARKET BEARISH -- SHORT

Keybot remains short. Markets are idling along, taking a breather from the big four-day 5% drop.  Volatility is moving back and forth from bull camp to bear camp and is a major force currently for broad market direction.  Using the VIX, watch 17.67, now at 17.76 at this writing.  If VIX falls below 17.67, the market bulls are gathering up steam to push the indexes higher.  If, however, the VIX stays above 17.67, then the market bears continue to apply steady pressure.

Markets remain unstable, stay on guard. Look at that, VIX now 17.70, watch it closely.

7/3/11; 7:00 PM EST =

6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/24/11; 10:00 AM EST =

6/19/11; 7:00 PM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/10/11; 10:00 AM EST =

6/7/11; 11:25 AM EST = -28

6/7/11; 10:05 AM EST = -14

6/6/11; 12:31 PM EST = -28

6/6/11; 12:14 PM EST = -14

6/5/11; 7:00 PM EST = -28

6/3/11; 2:58 AM EST = -28

6/3/11; 11:48 AM EST = -14

6/3/11; 11:35 AM EST = -28

6/3/11; 10:37 AM EST = -14

6/3/11; 9:00 AM EST = -28

6/2/11; 10:53 AM EST = -28

6/2/11; 10:32 AM EST = -14

6/1/11; 3:23 PM EST = -28

6/1/11; 2:57 PM EST = -14

6/1/11; 2:42 PM EST = -28

6/1/11; 11:34 AM EST = -14

6/1/11; 10:44 AM EST = +2; signal line is +5; go short 1331; (Benchmark SPX for 2011=+5.8%)(Keybot this trade=-0.3%; Keybot for 2011=+3.3%)(Actual this trade via SPY=-0.8%; Actual for 2011=-1.3%)

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. The algorithm kicked out two numbers today around lunch time.  Volatility made an attempt lower but failed.  You knew this if you were watching the VIX 17.7 level.

The SPX dropped thru 1298 after the open so the downside was wide open.  1294 tried to hold up, then 1292, support levels gave way as the day progressed. SPX closed on 1286 support.

Watch the NYA 40 week MA cross closely. NYA is at 8116.  The 40 week MA is at 8004. The difference is only 112 points. This is serious business now. The NYA says we are in a secular bull now but if the NYA falls under the 40 week MA, the markets will have fallen into a secular bear market.

For the SPX tomorrow, the fun begins at 1286.  If the SPX moves above 1300, the market bulls are going to accelerate the indexes higher and put a temporary end to the recent bearishness with a quick recovery rally.  If the SPX drops under 1285 after the open, however, only one point lower, the market bears are not finished and they will accelerate the selling.  Support levels below 1286 are 1282, 1279 and 1270.

7/3/11; 7:00 PM EST =

6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/24/11; 10:00 AM EST =

6/19/11; 7:00 PM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/10/11; 10:00 AM EST =

6/6/11; 12:31 PM EST = -28

6/6/11; 12:14 PM EST = -14

6/5/11; 7:00 PM EST = -28

6/3/11; 2:58 AM EST = -28

6/3/11; 11:48 AM EST = -14

6/3/11; 11:35 AM EST = -28

6/3/11; 10:37 AM EST = -14

6/3/11; 9:00 AM EST = -28

6/2/11; 10:53 AM EST = -28

6/2/11; 10:32 AM EST = -14

6/1/11; 3:23 PM EST = -28

6/1/11; 2:57 PM EST = -14

6/1/11; 2:42 PM EST = -28

6/1/11; 11:34 AM EST = -14

6/1/11; 10:44 AM EST = +2; signal line is +5; go short 1331; (Benchmark SPX for 2011=+5.8%)(Keybot this trade=-0.3%; Keybot for 2011=+3.3%)(Actual this trade via SPY=-0.8%; Actual for 2011=-1.3%)

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short to start the new trading week.  Utilities are the only major sector that is bullish as measured by the algorithm.  Keybot also indicates that housing is in a double dip recession again.

Copper, commodities and volatility are key areas to start the week. The VIX needs to stay above 17.71, now at 17.95, only pennies above, to keep the market bears happy, otherwise, the bulls will wrestle back control.

Copper is a nickel under the 418.30 level which helps the broad market bears, as long as copper stays under that level.

Commodities, as measured by the CRB, is critical to start the week.  CRB must stay under 350.37, now at 348.61, only a buck-and-a-half under currently, to keep the bear party going.  If the CRB jumps above 350.37, broad market bulls will be taking over again.  Copper and commodities will move in sync with the euro, stronger euro=stronger commodities, weaker euro=weaker commodities, and the way the commodities go is the way the broad makets will go.

For the SPX tomorrow, the fun begins at the opening bell from 1300.  If the market bulls touch the 1313 handle, a melt up will occur, the copper and commodites levels listed above will be exceeded, as well as lower volatility, and the market bulls will be running the indexes higher.

However, if the SPX loses the 1298 handle afte rthe open, only two easy points lower, the market bears will accelerate the selling towards 1294.  There is air underneath 1294 so if the market bears come to play tomorrow, they can do some further damage. Thus, simply watch which side the SPX wants to move towards tomorrow, either under 1298 to show bears in control, or over 1313 to show bulls in control.  Anything else is sideways slop all day long.

7/3/11; 7:00 PM EST =

6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/24/11; 10:00 AM EST =

6/19/11; 7:00 PM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/10/11; 10:00 AM EST =

6/5/11; 7:00 PM EST = -28

6/3/11; 2:58 AM EST = -28

6/3/11; 11:48 AM EST = -14

6/3/11; 11:35 AM EST = -28

6/3/11; 10:37 AM EST = -14

6/3/11; 9:00 AM EST = -28

6/2/11; 10:53 AM EST = -28

6/2/11; 10:32 AM EST = -14

6/1/11; 3:23 PM EST = -28

6/1/11; 2:57 PM EST = -14

6/1/11; 2:42 PM EST = -28

6/1/11; 11:34 AM EST = -14

6/1/11; 10:44 AM EST = +2; signal line is +5; go short 1331; (Benchmark SPX for 2011=+5.8%)(Keybot this trade=-0.3%; Keybot for 2011=+3.3%)(Actual this trade via SPY=-0.8%; Actual for 2011=-1.3%)

STOCK MARKET BEARISH -- SHORT

Keybot remains short, clicking off four numbers during the Friday session. That was a very active week for the algorithm.  All major sectors remain bearish except for one, utilities. Keybot also indicates that we are in a housing double week as of about two weeks ago.

The algorithm is idling currently, we will take a look at the week ahead after Keybot clicks off a pre-scheduled number tomorrow.

7/3/11; 7:00 PM EST =

6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/24/11; 10:00 AM EST =

6/19/11; 7:00 PM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/10/11; 10:00 AM EST =

6/5/11; 7:00 PM EST =

6/3/11; 2:58 AM EST = -28

6/3/11; 11:48 AM EST = -14

6/3/11; 11:35 AM EST = -28

6/3/11; 10:37 AM EST = -14

6/3/11; 9:00 AM EST = -28

6/2/11; 10:53 AM EST = -28

6/2/11; 10:32 AM EST = -14

6/1/11; 3:23 PM EST = -28

6/1/11; 2:57 PM EST = -14

6/1/11; 2:42 PM EST = -28

6/1/11; 11:34 AM EST = -14

6/1/11; 10:44 AM EST = +2; signal line is +5; go short 1331; (Benchmark SPX for 2011=+5.8%)(Keybot this trade=-0.3%; Keybot for 2011=+3.3%)(Actual this trade via SPY=-0.8%; Actual for 2011=-1.3%)

STOCK MARKET BEARISH -- SHORT

Keybot remains short.  The pre-scheduled number did not change things.  Watch the SPX 1305.61 level, if it is lost, then selling will accelerate to the downside.  Also, watch the SPX:VIX ratio, should it lose the 68 level, it will start today at 72, the broad markets will sell off significantly.

We will see if the algorithm clicks off any numbers today or if Keybot simply idles along on the short side into the weekend.  Shorts typically pare back positions Friday afternoons creating buoyancy in markets so watch that today to see if it appears--or does not appear which would be very bearish.

Markets remain unstable, stay on guard.

7/3/11; 7:00 PM EST =

6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/24/11; 10:00 AM EST =

6/19/11; 7:00 PM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/10/11; 10:00 AM EST =

6/5/11; 7:00 PM EST =

6/3/11; 9:00 AM EST = -28

6/2/11; 10:53 AM EST = -28

6/2/11; 10:32 AM EST = -14

6/1/11; 3:23 PM EST = -28

6/1/11; 2:57 PM EST = -14

6/1/11; 2:42 PM EST = -28

6/1/11; 11:34 AM EST = -14

6/1/11; 10:44 AM EST = +2; signal line is +5; go short 1331; (Benchmark SPX for 2011=+5.8%)(Keybot this trade=-0.3%; Keybot for 2011=+3.3%)(Actual this trade via SPY=-0.8%; Actual for 2011=-1.3%)

STOCK MARKET BEARISH -- SHORT

Quiet day today compared to Wednesday's excitement. Keybot remains short into the all important jobs report tomorrow morning.  The algorithm clicks off a pre-scheduled number at 9 AM.

All major sectors, as measured by Keybot, are in the bear camp except utilities. The jobs data is pivotal so very little matters until then.

For tomorrow, if the market bulls can touch the SPX 1318 handle, they can grab the momo back and accelerate the indexes higher.  If the SPX drops down to a 1305 handle, then the market bears plan on accelerating the selling into the weekend.

7/3/11; 7:00 PM EST =

6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/24/11; 10:00 AM EST =

6/19/11; 7:00 PM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/10/11; 10:00 AM EST =

6/5/11; 7:00 PM EST =

6/3/11; 9:00 AM EST =

6/2/11; 10:53 AM EST = -28

6/2/11; 10:32 AM EST = -14

6/1/11; 3:23 PM EST = -28

6/1/11; 2:57 PM EST = -14

6/1/11; 2:42 PM EST = -28

6/1/11; 11:34 AM EST = -14

6/1/11; 10:44 AM EST = +2; signal line is +5; go short 1331; (Benchmark SPX for 2011=+5.8%)(Keybot this trade=-0.3%; Keybot for 2011=+3.3%)(Actual this trade via SPY=-0.8%; Actual for 2011=-1.5%)

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short.  Nutty market the last couple days; the SPX moving from 1331 to 1345 back down to 1315 in 13 hours of trading, a total point move of 44 points, a percentage move of 3.3%.  This means the SPX has been moving at 3 1/2 points per hour the last two trading days straight, or a quarter percent per hour every hour.  Phenomenal numbers.

All major sectors are now bearish, as measured by the algorithm, except for utilities.  UTIL would need to lose 20 points to turn bearish. Thus, the bears are in control in this flip flop fight.  If market bears can push the SPX down a single point after the open tomorrow, then the broad market selling should accelerate again. Otherwise, some sideways consolidation.

Markets remain highly unstable.

7/3/11; 7:00 PM EST =

6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/24/11; 10:00 AM EST =

6/19/11; 7:00 PM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/10/11; 10:00 AM EST =

6/5/11; 7:00 PM EST =

6/3/11; 9:00 AM EST =

6/1/11; 3:23 PM EST = -28

6/1/11; 2:57 PM EST = -14

6/1/11; 2:42 PM EST = -28

6/1/11; 11:34 AM EST = -14

6/1/11; 10:44 AM EST = +2; signal line is +5; go short 1331; (Benchmark SPX for 2011=+5.8%)(Keybot this trade=-0.3%; Keybot for 2011=+3.3%)(Actual this trade via SPY=-0.8%; Actual for 2011=-1.3%)

SPX Daily Chart Showing Keybot the Quant Turns

SPX whipsawed back to the short side this morning at SPX 1331 at 10:44 AM EST.

The retail sector cracked today.

Keystone's 2-10 Spread Indicator turned bearish today causing the banks to give way.  More information at Keystone's site, http://www.thekeystonespeculator.blogspot.com

Utilities and low volatility remain bullish.

Markets are highly unstable, stay on guard.

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips back to the short side. A whipsaw did occur.  Major sectors are on the bear side currently.  Utilities and the low volatility, now moving up, is the only two items the bulls can hang their hat on. The retail sector just cracked.  Watch RTH 109.74, now at 109.66 representing failure. Retail will be a drag on the broad markets as long as RTH stays under 109.74.

These indecisive sideways, low volatility, low volume markets reak havoc on the robots.  That is why some of the algoithm's are unplugged and sitting idle the last few weeks. Keybot continues to try to forge a trail thru the mess, however.

Markets are highly unstable, stay on guard.

7/3/11; 7:00 PM EST =

6/30/11; 7:00 PM EST =

6/28/11; 10:00 AM EST =

6/26/11; 7:00 PM EST =

6/24/11; 10:00 AM EST =

6/19/11; 7:00 PM EST =

6/16/11; 9:00 AM EST =

6/12/11; 7:00 PM EST =

6/10/11; 10:00 AM EST =

6/5/11; 7:00 PM EST =

6/3/11; 9:00 AM EST =

6/1/11; 11:34 AM EST = -14

6/1/11; 10:44 AM EST = +2; signal line is +5; go short 1331; (Benchmark SPX for 2011=+5.8%)(Keybot this trade=-0.3%; Keybot for 2011=+3.3%)(Actual this trade via SPY=-0.8%; Actual for 2011=-1.3%)

6/1/11; 9:30 AM EST = +2; signal line is +4 but algorithm says stay long

5/31/11; 7:00 PM EST EOM = +18; signal line is +4

5/31/11; 3:44 PM EST = +32

5/31/11; 1:21 PM EST = +16

5/31/11; 12:03 PM EST = +2; signal line is +1

5/31/11; 10:34 AM EST = +16

5/31/11; 10:07 AM EST = +32

5/31/11; 10:00 AM EST = +16

5/31/11; 9:53 AM EST = +16

5/31/11; 9:32 AM EST = +32

5/31/11; 9:30 AM EST = +16; signal line is +1; go long 1335; (Benchmark SPX for 2011=+6.1%)(Keybot this trade=+0.5%; Keybot for 2011=+3.6%)(Actual this trade via SH=-0.2%; Actual for 2011=-0.5%)