Saturday, March 16, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long through the weekend. The market bears tested the SPX 1555-1556 support but it held resulting in a flat day overall. The quant did not print any numbers the whole week long except for the pre-scheduled number. The markets move sideways with an upward bias. Next week volatility will remain important.  Also commodities, copper and semiconductors (SOX fell 1.7% yesterday). The levels of interest can be identified for next week once the pre-scheduled Sunday print occurs tomorrow.

3/17/13; 7:00 PM EST =
3/15/13; 10:00 AM EST = +49; signal line is +42

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