Wednesday, November 21, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long.  The pre-scheduled print today results in a two tick increase to the signal line.  The RTH remains well above 43.92.  XLF is now fighting the 15.61-15.62 level so use this is a guide today. Market bulls win above 15.62, bears will win if the XLF falls under 15.62.  The SPX attacked the 1390 level but failed, so far. XLF 15.62 and SPX 1391 will tell you the story today.

11/25/12; 7:00 PM EST =
11/21/12; 10:00 AM EST = +3; signal line is -34
11/20/12; 3:54 PM EST = +3; signal line is -36

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.