Saturday, March 3, 2012


Keybot the Quant remains long.  Note how the only two printouts this week were the pre-scheduled numbers.  This highlights how Keybot is simply idling along on the bull side as the indexes remain elevated, now in a sideways pattern with bulls and bears fighting it out.  Friday's action moved thru the sideways range, testing near both the bullish upper level and bearish bottom level, resulting in neither side having the strength to dominate.

The semiconductors and retail will be key sectors next week.  Also, the dollar is important since the entire rally is built on the weaker dollar stronger euro move. Last week we saw cracks in the euro form. A stronger dollar will push commodities and copper lower and provide bear fuel.  After the Sunday pre-scheduled number prints tomorrow we can take a look at more specific levels to watch for the indexes and sectors for next week. Keybot remains long but do not be lulled into complacency, the algorithm can start wildly printing numbers at any time. Markets remain unstable.

3/4/12; 7:00 PM EST =
2/29/12; 7:00 PM EST EOM = +76; signal line is +65
2/28/12; 10:00 AM = +76; signal line is +64
2/26/12; 7:00 PM EST = +76; signal line is +63

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