Keybot the Quant remains short thru the holiday weekend. The algo printed two more numbers in the afternoon and now the algo number is only six points away from the signal line. This action places Keybot closer to moving to the long side. The bulls are trying to lift the markets by using the retail sector. The RTH closed above the 41.15 level of interest identified by Keybot by only three pennies but it is above nonetheless favoring the bulls. The bulls could not punch the NYA thru the 40-week MA, however. These two items will be key when the Tuesday opening bell rings as well as the SPX 12-month MA and also volatility. The sectors and levels of interest for next week can be set up tomorrow after the Sunday pre-scheduled number prints.
5/27/12; 7:00 PM EST =
5/25/12; 3:42 PM EST = -14 signal line -8
5/25/12; 3:18 PM EST = -30 signal line -7
5/25/12; 10:00 AM EST = -14 signal line -6
5/25/12; 9:30 AM EST = -14 signal line -5
5/20/12; 7:00 PM EST = -30 signal line -3
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