Saturday, July 14, 2012

STOCK MARKET BULLISH -- LONG

Keybot the Quant is on the long side thru the weekend. The NYA moved over 7738 before lunch time yesterday which resulted in another five handle move upwards for the SPX. Copper, commodities and the NYA 7738 level will play key roles come Monday.  The table can be set for next week's trading after the pre-scheduled Sunday print occurs tomorrow. The caution flag is not required currently since the bulls are in firm control as a result of Friday's market behavior. 

7/15/12; 7:00 PM EST =
7/13/12; 11:40 AM EST = +46 signal line is +10
7/13/12; 10:00 AM EST = +32 signal line is +9
7/13/12; 9:38 AM EST = +32; signal line is +10; go long 1342; (Benchmark SPX for 2012  = +6.7%)(Keybot this trade = +0.9%; Keybot for 2012 = +9.2%)(Actual this trade = +1.9%; Actual for 2012 = +8.8%)

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