Friday, January 6, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long but is setting up to flip short soon as seen by the algo numbers printing lower numbers than the signal line. Other programming rules, however, are holding the algo back and maintaining the long side, for now.  The SPX is now in a big fight with the 12-month MA at 1280.28.  Last SPX print is 1280.56. Watch this closely. For now, Keybot is long and will probably stay long into the weekend unless some serious selling occurrs driving the SPX down towards 1265. Markets ae unstable.  Caution is warranted.

1/8/12; 7:00 PM EST =
1/6/12; 12:40 PM EST = +6; signal line is +10 but algorithm says stay long
1/6/12; 11:33 AM EST = +20; signal line is +10
1/6/12; 9:30 AM EST = +6; signal line is +8 but algorithm says stay long
1/6/12; 9:00 AM EST = +20; signal line is +7
1/5/12; 3:40 PM EST = +20; signal line is +6

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