Keybot the Quant is long. The pre-scheduled number results in a one tick move higher for the signal line. The algorithm is long but do not take this for granted. There is now only one measley point difference between the quant being bullish versus bearish. The broad indexes are walking a fine line right now. The Jobs Report results in the S&P's up about six points in front of the opening bell. The SPX will make the run at the 1463 and higher print that will lead to an acceleration to 1468-1469. The bears must spank the price back down with all their might when it attacks 1463. Watch UTIL 481.36 today, especially in the final minutes, as discussed yesterday. A close under 481.36 sets up Monday to be bearish and a potential change of Keybot back to the short side. Stay alert. Expect the unexpected.
10/7/12; 7:00 PM EST =
10/5/12; 9:00 AM EST = +60; signal line is +59
10/1/12; 10:00 AM EST = +60; signal line is +58; go long 1453; (Benchmark SPX for 2012 = +15.5%)(Keybot this trade = +0.6%; Keybot for 2012 = +15.3%)(Actual this trade = +1.2%; Actual for 2012 = +8.9%)
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