Tuesday, July 30, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. SOX jumped back above 471.15 so the bulls remain in charge. Watch SOX 471.15, VIX 14.26 and GTX 4785, all three are creating market bullishness. The SPX heads higher unless one of these three parameters reverse. SPX is attacking the 1691-1692 trying to break up through. SOX is now running strongly higher towards 474 so that will send markets higher. The imminent turn notation is removed from the title line but markets remain dicey. Pay attention to SOX 471.15 and GTX 4785.

7/31/13; 7:00 PM EST EOM =
7/30/13; 10:00 AM EST = +49; signal line is +39
7/30/13; 9:31 AM EST = +50; signal line is +38
7/29/13; 11:06 AM EST = +34; signal line is +37 but algorithm says stay long
7/28/13; 7:00 PM EST = +50; signal line is +36

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