Thursday, July 5, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the markets perform a round trip move in the early going.  JJC and SOX failed, but then recovered. Keep watching the metrics highlighted today; CRB 297, JJC 44.35, SOX 383.50, NYA 7725 and VIX 18.75. CRB is the only bear, the others are creating market buoyancy. The caution flag stays out for now.

7/8/12; 7:00 PM EST =
7/6/12; 9:00 AM EST =
7/5/12; 10:45 AM EST = +62; signal line is +27
7/5/12; 10:30 AM EST = +46; signal line is +24

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