Wednesday, July 18, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long as the Wednesday trading session is about to begin. The pre-scheduled number results in no change to the algo number but the signal line bumps upwards two ticks. The higher the signal line moves the easier it is for the algo number to drop back below to make bears happy. For now the bulls continue to drive the bus.  Watch NYA 7749, JJC 44.20 and CRB 293.80 today to determine market direction.

7/22/12; 7:00 PM EST =
7/18/12; 9:00 AM EST = +44 signal line is +23
7/17/12; 11:55 AM EST = +44 signal line is +21

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