Monday, March 5, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long but on the edge of flipping short.  In fact, as seen below, the signal line now demands that the algo flip to the short side, but, internal programming rules are holding it back for now.  If the SPX loses 1359 today, Keybot will likely have all its ducks in a row and flip short.  The semiconductors, SOX, are breaking down dragging the markets lower.  Watch SOX 410.10 level and price is now printing 409.73. The market bears are making a run.  Hang on, a turn appears imminent.

3/11/12; 7:00 PM EST =
3/9/12; 9:00 AM EST =
3/5/12; 12:21 PM EST = +60; signal line is +66 but algorithm says stay long
3/4/12; 7:00 PM EST = +76; signal line is +66

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