Thursday, June 14, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the Thursday session is underway. The RTH popped above 41.10 at the bell so the bulls came to play today.  The SPX LOD so far is 1314.14 about four points above the 1310.50 danger level for today. Thus, the bulls are cruising again. RTH  is now printing 41.29. There is a long day ahead, however, and the markets are highly volatile, stay alert.

6/15/12; 10:00 AM EST =
6/14/12; 9:30 AM EST = -14 signal line -23
6/13/12; 2:59 PM EST = -30 signal line -24 but algorithm says stay long
6/10/12; 7:00 PM EST = -14 signal line -23

1 comment:

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