Wednesday, December 19, 2012


Keybot the Quant is long. The algo prints a number after the opening bell.  Volatility is higher again, well above 15.85, so this creates market negativity. Copper is weak today. JJC drops like a stone to the 45.47 bull-bear line (use this instead of 45.50) and is now printing 45.52, hanging on to the bull side by a sliver. The utilities drop a touch with UTIL at 459 remaining under 466 in the bear camp.  The bull-bear struggle continues. If copper fails with the JJC dropping under 45.47 today, and the SPX drops under 1430, Keybot will likely trigger to the short side. Otherwise, the bulls keep driving the bus.

12/23/12; 7:00 PM EST =
12/21/12; 10:00 AM EST =
12/19/12; 9:31 AM EST = +17; signal line is +16
12/19/12; 9:00 AM EST = +33; signal line is +16

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