Keybot the Quant remains long into the weekend. The algo did not print any numbers during the Friday session. The retail sector, RTH, had an exciting finish late day coming down to close at 44.46 sitting at the algo's targeted number of 44.44. Remember the SOX 380 drama yesterday and today, where the semiconductors tagged the 380 number that the quant predicted? How does Keybot always know these numbers to watch ahead of time? Pehaps it is the power of mathematics.
The Sunday print tomorrow will help identify the sectors and areas of interest for next week, including their all-important bull-bear numbers that either create market positivity, or negativity. The RTH 44.45 is obviously the most important thing to watch seconds after Monday's opening bell. If the RTH stays above and moves higher, the broad indexes will move flat with an upward bias. If RTH fails under 44.45, the SPX will move towards the low 1400's, likely to test the 1403-1406 area again.
11/4/12; 7:00 PM EST =
11/2/12; 9:00 AM EST = +1; signal line is +22
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