Saturday, December 13, 2014

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains bearish through the weekend. Financials drop big on Friday with XLF down to 24.14. The XLF 23.92 is identified as the bull-bear line in the sand but this can be firmed up after the pre-scheduled number prints tomorrow. Financials, the NYA, copper and semiconductors are all receiving interest by the algo since they are impacting market direction. The bears end the strong historic bull market rally from mid-October to the early December top.

12/14/14; 7:00 PM EST =
12/12/14; 10:00 AM EST = +32; signal line is +50

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.