Thursday, January 17, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION


Keybot the Quant remains long. Copper and commodities are exploding higher today. GTX is above 4935 and JJC is above 45.68 so the bulls are cruising. Due to China data hitting overnight tonight, however, which will dramatically impact oil, copper and commodities, the caution flag remains out. The bulls remain in control as the session begins.

1/20/13; 7:00 PM EST =
1/18/13; 10:00 AM EST =
1/17/13; 9:30 AM EST = +47; signal line is +26
1/17/13; 9:00 AM EST = +17; signal line is +23 but algorithm says stay long

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