Keybot the Quant remains long as the bulls bounce copper and commodities to maintain elevated equities. JJC is back above 39.90 and GTX above 4888 so the bulls are not worried or concerned. The bears must reverse the upside move in JJC and/or GTX today, or send VIX above 14.64, to receive downside market fuel. Otherwise, markets will continue floating higher. Markets are jumpy and can change quickly so stay alert for wild swings either way. The bulls are in control. The caution and imminent turn warnings are removed since the algo number is now 36 ticks above the signal line.
9/22/13;
7:00 PM EST =
9/18/13; 10:34 AM EST
= +47; signal line is +11
9/18/13; 9:30 AM EST
= +33; signal line is +9
9/18/13; 9:00 AM EST
= +17; signal line is +6
9/17/13;
11:15 AM EST = +17; signal line is +5
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