Keybot the Quant remains long. Markets are weak on the impending Euro nation downgrades, especially France. SPX 1281 was tested, and failed. The bulls are not giving up, however, and are now back up to back test this critical 1281 level. Note that Keybot came within a point of flipping to the short side but has now recovered. Extreme caution is required, a market turn may be imminent. Watch SPX 1281 closely, specifically, the 12-month MA at 1280.11.
1/15/12; 7:00 PM EST =
1/13/12; 10:26 AM EST = +36; signal line is +22
1/13/12; 10:18 AM EST = +22; signal line is +21
1/13/12; 10:00 AM EST = +36; signal line is +21
1/12/12; 11:01 AM EST = +36; signal line is +21
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