Keybot the Quant remains long as the algo prints two numbers to begin the Thursday session. The algo keeps indicating it wants to go short but other internal programming rules will not line up to trigger the move, so the bulls recover again. GTX 4785 failed this morning but has since recovered. SOX explodes higher. VIX flat. SPX is attacking the 1692-1693 resistance area trying to punch through for an upside acceleration. If GTX drops back under 4785, this will place a damper on any market upside. If SOX, VIX and GTX remain bullish as previously described, the markets will continue to float higher.
7/31/13;
7:00 PM EST EOM =
7/31/13; 9:50 AM EST
= +49; signal line is +41
7/31/13; 9:36 AM EST
= +35; signal line is +40 but algorithm says stay long
7/30/13;
10:00 AM EST = +49; signal line is +39
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