Keybot the Quant remains long printing a number after this morning's opening bell. Copper weakness is appearing in the markets and continues all day long thus far. Watch JJC 43.70 moving forward, and the current print is 43.63, so the jury remains out, but copper is now contributing bearishness to markets (despite the broad indexes moving higher today). If JJC moves above 43.70, the bulls will rejoice once again. Interestingly, the bulls need to touch and hold the 1414 level to launch the upside and the current high print a short time ago is 1413.95. The algo number is now only nine points away from the signal line. The bull-bear battle continues. SOX, UTIL and NYA remain as bullish influences on the markets.
9/2/12; 7:00 PM EST EOM =
8/31/12; 10:00 AM EST =
8/29/12; 9:43 AM EST = +60; signal line is +51
8/28/12; 10:00 AM EST = +76; signal line is +51
8/26/12; 7:00 PM EST = +76; signal line is +50
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