Keybot the Quant remains long. Continue watching the same four key parameters currently impacting markets to the largest extent; JJC 43.61, SOX 389, UTIL 464 and NYA 7808. All remain bullish which created the sideways to sideways up move in the markets today. SPX moved above 1413.50 this morning and ventured to a HOD at 1416.17. For the SPX for Tuesday, starting at 1410, the bulls want to move above 1416 to create an upside acceleration. The bears need to drop under 1409 to create a downside acceleration. A move thru 1410-1415 is sideways action. The markets can be updated at 10 AM-ish tomorrow once the pre-scheduled number prints.
9/2/12; 7:00 PM EST EOM =
8/31/12; 10:00 AM EST =
8/28/12; 10:00 AM EST =
8/26/12; 7:00 PM EST = +76; signal line is +50
8/24/12; 3:42 PM EST = +76; signal line is +49
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.