Saturday, September 12, 2015


Keybot the Quant remains short through the weekend. A pre-scheduled number prints on Friday sending the algo number slightly lower. The bears tried to push markets lower yesterday but copper would not cooperate lower. JJC did not drop under 28.40 so you knew that the move lower in the stock market was a fakeout and a rally would occur; which occurred. The bulls, however, do not push retail stocks high enough, RTH remained under 76.10, so the bulls got nothing. Utilities, retail stocks and copper are the three parameters currently most impacting broad stock market direction. Copper was the main reason the stock market logged a positive week last week.

Next week is an epic week in market and economic history since the two-day FOMC meeting is Wednesday and Thursday with Fed Chair Yellen's critical rate decision on Thursday afternoon. The areas and levels of interest by Keybot can be identified tomorrow after the Sunday pre-scheduled number prints. The bears are in control with the algo number 24 points under the signal line.

9/13/15; 7:00 PM EST =
9/11/15; 10:00 AM EST = -42; signal line is -18
9/9/15; 10:36 AM EST = -38; signal line is -15

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