Keybot the Quant flips to the bear side today at SPX 3987. Volatility, banks and retail stocks send stocks down the tubes. It is carnage on Wall Street; a major bed-sh*tting. The Dow loses nearly 1,300 points and the SPX collapses 178 points, -4.3%, to 3933. That slap will leave a mark.
The stock market will puke its guts out if UTIL loses 1020 but bulls can stop the carnage and stabilize the situation with XLF above 33.76 and/or VIX below 25.28.
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