Keybot the Quant remains short. The algo kicks off the day printing a higher number, now only nine points distance from the signal line. The financials recovered today supplying bullish strength for markets.
Watch XLF 12.95, now at 13.12, so market bullish. Watch JJC (copper) 46.75 level, now at 46.47, so market bearish. Watch VIX 30 level, now at 33, so market bearish. Traders are waiting for how much, if at all, Chairman Bernanke discusses quantitative easing after lunch today. Markets will move higher if QE3 is mentioned, if the topic is avoided, markets will sell off.
11/20/11; 7:00 PM EST =
11/17/11; 9:00 AM EST =
11/13/11; 7:00 PM EST =
11/6/11; 7:00 PM EST =
11/4/11; 9:00 AM EST =
11/2/11; 9:30 AM EST = -8; signal line is +1
11/1/11; 3:46 PM EST = -24; signal line is +1
11/1/11; 9:30 AM EST = -8; signal line is 0; go short 1233; (Benchmark SPX for 2011=-2.0%)(Keybot this trade=-0.4%; Keybot for 2011=+26.0%)(Actual this trade via DIA=-0.9%; Actual for 2011=+35.6%)
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