Tuesday, January 15, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. Commodities, GTX 4935, and copper, JJC 45.68, will decide market direction tomorrow; the bulls need to touch GTX 4935 while the bears need to touch JJC 45.68. For the SPX starting at the strong 1472 S/R, the bulls only need to see one point, to punch thru 1473, and an upside acceleration will occur. The bears need to push under 1464 to create a downside acceleration. A move thru 1465-1472 is sideways action.  GTX and JJC will tell the story.

 1/17/13; 9:00 AM EST =
1/15/13; 2:10 PM EST = +33; signal line is +16
1/15/13; 11:14 AM EST = +47; signal line is +15
Posted by Keybot the Quant™ at 1/15/2013 05:24:00 PM

2 comments:

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