Thursday, January 17, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant is long moving into the Thursday trade. The pre-scheduled print results in a one tick move higher for the signal line.  The oil, commodities and copper markets are catapulting higher this morning, perhaps in anticipation of China's data releases this evening, so the bulls should begin the day on a strong note and perhaps place the bear hopes on the back burner again.  Watch JJC 45.68 and GTX 4935.50.

1/20/13; 7:00 PM EST =
1/18/13; 10:00 AM EST =
1/17/13; 9:00 AM EST = +17; signal line is +23 but algorithm says stay long
1/16/13; 3:52 PM EST = +17; signal line is +22 but algorithm says stay long

1 comment:

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