Thursday, March 14, 2013


Kebot the Quant remains long as the algo simply idles along all week thus far without printing any numbers. Oil, copper and commodities remain weak but do not pull the broad markets lower due to the central banker liquidity pumping. So markets remain in a sideways mode with an upward bias. The bears need VIX 15.20, otherwise, the markets will continue floating higher. For the SPX starting the Thursday session at 1555, the bulls need to touch the 1557 handle which will launch a move into the 1560's. The bears must push under the strong 1548 support to begin a downside run. A move through 1549-1556 is sideways action. The bulls are cruising. Markets remain highly unstable and erratic.

3/15/13; 10:00 AM EST =
3/10/13; 7:00 PM EST = +49; signal line is +42

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