Wednesday, October 8, 2014

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short with the market craziness continuing. RTH recovers above 62.13 creating broad market lift today. XLF remains under 23.08 aiding the bears. Equiites will jump higher if XLF moves above 23.08. Bears are fine if they keep XLF under 23.08. If XLF moves above 23.08 and the SPX moves above 1962, Keybot will likely flip to the long side. Bears need RTH under 62.13 which guarantees the downside market path again.

10/12/14; 7:00 PM EST =
10/8/14; 9:36 AM EST = -23; signal line is -7
10/7/14; 3:57 PM EST = -39; signal line is -5

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