Thursday, August 16, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long to start the Thursday session. The algo prints a pre-scheduled number which results in a single uptick to the signal line. Bulls want to see SPX 1408 and bears want to see 1402 today. The bulls continue to drive the bus thru these sideways markets. The broad indexes are highly unstable. Exercise caution.

8/19/12; 7:00 PM EST =
8/17/12; 10:00 AM EST =
8/16/12; 9:00 AM EST = +60; signal line is +45
8/12/12; 7:00 PM EST = +60; signal line is +44

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