Tuesday, January 10, 2012


Keybot the Quant remains long to start the Tuesday session.  The market bulls shot the SPX up thru 1282 so the bullish acceleration occurs.  Commodities, copper and the broad indexes are moving higher on the lower dollar. The bulls are on cruise control now. Things change fast and they may change just as fast in reverse again.  The last few days the algorithm threatened to go short but stayed long and today's action shows why.

Watch copper and commodites, the JJC 44.70 and CRB 313.00 levels, respectively.  Both are above the prices shown adding bull fuel to the broad markets. Any chinks in the broad indexes' armour should first appear with these two characters falling below the levels shown.

1/15/12; 7:00 PM EST =
1/13/12; 10:00 AM EST =
1/10/12; 9:30 AM EST = +50; signal line is +15
1/10/12; 8:00 AM EST = +34; signal line is +14
1/9/12; 2:03 PM EST = +20; signal line is +12
1/9/12; 10:39 AM EST = +6; signal line is +12 but algorithm says stay long
1/9/12; 10:27 AM EST = +20; signal line is +12

No comments:

Post a Comment

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