Friday, October 11, 2013

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long heading into the weekend. GTX moves to and fro along 4888 which pushes the broad indexes the same way. GTX 4888 and JJC 40.19, commodities and copper, respectively, are key. The moves away from these pivot points sends markets in the same direction. GTX is helping the bulls right now while JJC is helping the bears. Bears need to push GTX under 4888 to stop the market upside. Bulls need to push JJC above 40.19 to send the SPX far higher.

10/13/13; 7:00 PM EST =
10/11/13; 2:22 PM EST = +48; signal line is +6
10/11/13; 12:36 PM EST = +34; signal line is +5
10/11/13; 11:43 AM EST = +48; signal line is +5
10/11/13; 10:00 AM EST = +34; signal line is +4

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