Saturday, February 4, 2012

STOCK MARKET BULLISH -- LONG - CAUTION

Keybot the Quant remains long. Every time it appears Keybot is ready to flip to the short side, the market bulls find a way to continue the party.  For the new trading week, UTIL and CRB will be key again, especially the 453.69 and 309.50 levels, but the algo can more accurately identify the numbers after the Sunday pre-scheduled number prints tomorrow.

Note that for last week, the algo only printed four numbers--and three were pre-scheduled numbers. The calm before the storm?  Keybot wants to go short as shown by the algo number below the signal line but other programming rules continue to hold Keybot back, for now. Tomorrow we can take a look at the path forward.

2/5/12; 7:00 PM EST =
2/3/12; 9:00 AM EST = +48; signal line is +49 but algorithm says stay long
1/31/12; 7:00 PM EST EOM = +48; signal line is +48 but algorithm says stay long
1/31/12; 10:00 AM EST = +48; signal line is +48 but algorithm says stay long
1/30/12; 9:30 AM EST = +48; signal line is +48

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