Keybot the Quant remains long. Copper, JJC, popped above 48.10 this morning and is providing the bull fuel. Continue watching the sectors previously mentioned. Keep an eye on SOX 418.25, now about three points under. A move above will create a sustainable bullish market move higher. The market bears are trying to prevent the SOX from moving higher while pushing the JJC lower. The SPX received its one green point today so this opened up the markets for an upside acceleration, which it now received with a test of 1399 resistance ongoing as this is typed. Markets remain extremely unstable currently.
4/29/12; 7:00 PM EST =
4/27/12; 10:00 AM EST =
4/26/12; 10:33 AM EST = +46; signal line 21
4/25/12; 11:59 AM EST = +30; signal line is +21; go long 1387; (Benchmark SPX for 2012 = +10.3%)(Keybot this trade = -1.8%; Keybot for 2012 = +2.0%)(Actual this trade = -2.1%; Actual for 2012 = +3.0%)
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