Thursday, December 27, 2012


Keybot the Quant remains short going into the Thursday session. Copper and commodities are helping to levitate markets but semiconductors drop and volatility continues higher.  JJC 45.36 is the key focus of the algo currently. JJC is 45.29 pennies on the bear side causing market negativity.  The quant is also tracking GTX 4975 (now bearish), RTH 43.65 (now bearish), SOX 377.50 (now bullish) and XLF 15.85 (now bullish). These five sectors are most greatly impacting broad market direction currently. Watch copper, JJC 45.36, closely.

For the SPX starting at 1420, the bulls need to touch 1429.50, almost ten points higher, to create an upside acceleration.  The bears need to push under 1416.50 to create a downside acceleration. A move thru 1417-1429 is sideways action today. Keybot prints a pre-scheduled number at 10 AM so the action can be updated at that time.

12/30/12; 7:00 PM EST =
12/27/12; 10:00 AM EST =
12/26/12; 10:42 AM EST = -15; signal line is +13
12/26/12; 10:20 AM EST = +1; signal line is +14

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