Friday, December 28, 2012


Keybot the Quant remains short moving into the Friday session.  Copper remains a key focus for the algo, watch JJC 45.36 closely, now contributing bullishly to markets but only by pennies. SOX 377.10 (now bullish), XLF 15.85 (now bullish) and RTH 43.65 (now bearish) are also important. Any changes to the four parameters above will move the broad indexes in that respective direction.  For the SPX today, starting at 1418, the bulls need to touch the 1423 handle, if so, an upside acceleration will occur. The bears need to push under 1402 to create a downside acceleration. A move thru 1403-1421 is sideways action. Markets are highly unstable and erratic reacting to the fiscal cliff news in real time.

12/30/12; 7:00 PM EST =
12/27/12; 2:44 PM EST = +1; signal line is +6
12/27/12; 1:22 PM EST = -15; signal line is +7
12/27/12; 1:12 PM EST = +1; signal line is +8
12/27/12; 11:55 AM EST = -15; signal line is +9

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