Friday, May 17, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The pre-scheduled number results in a two tick move higher for the signal line. VIX collapses now printing at 12.52. SPX leaps higher to test the 1660.50 break-out level for today. The bulls are running again and the imminent turn notation is removed. The algo number is only six points from the signal line. Bears have no oomph unless they achieve VIX 13.19 and volatility is dropping instead of rising.

5/19/13; 7:00 PM EST =
5/17/13; 10:00 AM EST = +46; signal line is +40
5/16/13; 3:58 PM EST = +46; signal line is +38

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