Wednesday, January 4, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains bullish but the algorithm wants to go short. Other programing rules are holding it back. If the SPX drops under 1259, Keybot should flip short, so the market bulls will be fighting to prevent that, and at 1269 now, remain ten points above.

Copper, JJC, collapsed down to 44. SOX remains under 368 so the bears got game today and moving forward, unless these levels are overtaken again. Markets ae unstable.  Caution required.

1/8/12; 7:00 PM EST =
1/6/12; 9:00 AM EST =
1/4/12; 10:10 AM EST = -10; signal line is 0 but algorithm says stay long
1/4/12; 9:42 AM EST = +6; signal line is -2
1/4/12; 9:30 AM EST = -10; signal line is -3 but algorithm says stay long
1/3/12; 3:22 PM EST = +22; signal line is -4
1/3/12; 2:42 PM EST = +36; signal line is -6

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