Tuesday, December 18, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long as the day moves along. The algo prints a number today as volatility dropped like a stone this morning placing the bulls in stronger control.  The SPX accelerated up thru the 1430's and now sits at 1441 resistance. The VIX is 15.77 up off the LOD at 15.49. Keep watching the bull-bear line at VIX 15.85. The quant is also now showing interest in copper and is tracking JJC 45.50 as a bull-bear line in the sand, the JJC remains comfortably above 45.50. The bulls are driving the bus, VIX 15.85 is key.

12/23/12; 7:00 PM EST =
12/21/12; 10:00 AM EST =
12/19/12; 9:00 AM EST =
12/18/12; 10:30 AM EST = +33; signal line is +17
12/16/12; 7:00 PM EST = +17; signal line is +16

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