Wednesday, January 18, 2012


Keybot the Quant remains long. The algo had an early start today as the CRB tested higher levels, but since has pulled back down again.  In the equities markets directly, the NYA regained the coveted 40-week MA at 7688 which lit the upside fire for the indexesSPX is now testing 1303, that is the magic number the market bulls need to touch, otherwise, the bears are still in business. Watch CRB 311.50, NYA 7688 and SPX 1303 to determine broad market direction.

Note how Keybot is ratcheting up the signal line; this will ulitmately allow the flip to the short side to occur faster, the higher the signal line moves.  Continue to exercise caution, the algo may be nearing a turn.

1/22/12; 7:00 PM EST =
1/19/12; 9:00 AM EST =
1/18/12; 9:50 AM EST = +50; signal line is +29
1/18/12; 8:45 AM EST = +36; signal line is +26
1/18/12; 8:00 AM EST = +50; signal line is +25
1/17/12; 2:35 PM EST = +36; signal line is +23

No comments:

Post a Comment

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