Friday, February 7, 2014

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The status is quo with GTX and SOX running higher and UTIL buoyant although the bulls are not yet able to achieve 504.65. The algo is now tracking XLF 21.40 and JJC 40.02. Both are bearish so bulls will receive upside fuel with either one of these parameters, or UTIL 504.65. Bulls need UTIL 504.65 by the closing bell otherwise, the bears will have a small advantage come Monday morning. The bulls will receive confirmation for the upside rally if either financials, copper and/or utilities achieve the bull targets listed. The bulls are trying to cruise into the weekend. Bears are fighting to keep utilities weak.

2/9/14; 7:00 PM EST =
2/7/14; 9:00 AM EST = +0; signal line is -13
2/6/14; 10:32 AM EST = +0; signal line is -14; go long 1767; (Benchmark SPX for 2014 = -3.8%)(Keybot this trade = +0.0%; Keybot for 2014 = +0.0%)(Actual this trade = -0.1%; Actual for 2014 = -1.3%)

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