Thursday, July 5, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long as the semiconductors float upwards creating market buoyancy. Watch SOX 383.50, the quant is constantly tweaking these levels of interest so they change slightly.  SOX is now approaching 375 back in the bull camp causing markets to recover.  Tech is not leading the broad indexes lower.  This is why the bears could not stay under 1364 to begin a downside acceleration, so far.

7/8/12; 7:00 PM EST =
7/6/12; 9:00 AM EST =
7/5/12; 10:30 AM EST = +46; signal line is +24
7/5/12; 9:57 AM EST = +30; signal line is +22

1 comment:

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