Keybot the Quant is long going into the all-important Monthly Jobs Report tomorrow. Copper, using JJC as a proxy, is sleeping in the bear camp tonight, watch JJC 44.35 tomorrow. Likewise the CRB, watch 297 as the bull-bear line that influences markets. On the bull side, the VIX is under 18.75, the SOX is over 383.50 and the NYA is above 7720 influencing markets positively.
For the SPX starting at 1368, the bulls need to touch the 1374 handle, six points higher, and the upside will accelerate. The bears need to drop below 1363 and the downside will accelerate. The 1363-1364 level is strong support and it is significant if it fails. A move thru 1365-1373 is sideways action. The jobs data at 8:30 AM should violently push the futures one direction or the other. Keybot prints a pre-scheduled number at 9 AM so the market action can be updated at that time in front of the opening bell.
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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