Wednesday, December 12, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION


Keybot the Quant remains long.  Each day, however, provides new drama. Volatility is higher once again, helping the bears, the VIX is above 16.00, well above the critical 15.79 bull-bear line. This helps create market negativity. The bears will now focus on pushing the RTH under 44.35. The bulls will focus on pushing the VIX back under 15.79. The SPX tested the 1433 resistance today and was pushed back on the first attempt.  The markets remain erratic and unstable.

12/16/12; 7:00 PM EST =
12/12/12; 9:54 AM EST = +17; signal line is +13
12/11/12; 3:52 AM EST = +33; signal line is +12

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