Friday, July 1, 2011

STOCK MARKET BULLISH -- LONG

Keybot the Quant is very comfortably long.  The algorithm perceives all major sectors to be bullish except for commodities.  The XLF went up at the bell so the broad market jump was obvious from the start today.  SPX S/R blew threw 1329 which is very surprising considering how strong resistance is here. Perhaps things will settle down as the day proceeds.  Many shorts thru in the towel this morning adding to the acceleration upwards via a short-covering rally. SPX S/R in this area is 1321, 1323, 1326, 1329, 1331, 1333, 1337.

7/31/11; 7:00 PM EST EOM =
7/29/11; 10:00 AM EST =
7/26/11; 10:00 AM EST =
7/24/11; 7:00 PM EST =
7/19/11; 9:00 AM EST =
7/17/11; 7:00 PM EST =
7/15/11; 10:00 AM EST =
7/10/11; 7:00 PM EST =
7/8/11; 9:00 AM EST =
7/3/11; 7:00 PM EST =
7/1/11; 10:03 AM EST = +50
7/1/11; 10:00 AM EST = +34
7/1/11; 9:35 AM EST = +34
6/30/11; 7:00 PM EST EOM EOQ2 EOH1= +18
6/30/11; 1:16 PM EST = +18
6/30/11; 12:08 PM EST = +34
6/29/11; 10:41 AM EST = +18
6/29/11; 9:30 AM EST = +4
6/28/11; 10:30 AM EST = -12
6/28/11; 10:00 AM EST = -28; signal line is -30
6/28/11; 9:36 AM EST = -28; signal line is -30; go long 1285; (Benchmark SPX for 2011=+2.2%)(Keybot this trade=-0.6%; Keybot for 2011=+4.8%)(Actual this trade via DOG=-0.8%; Actual for 2011=-0.9%)

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