Friday, January 4, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the pre-scheduled number results in a two tick up move in the signal line so the difference between the algo number and signal line is now 31 points, still very bullish but the caution flag is displayed again.  Copper is tumbling today with commodities, keep an eye on the JJC 45.40 which may gain importance quickly today. The previous post sets up the day ahead. Markets are erratic and unstable. Caution is warranted.

1/6/13; 7:00 PM EST =
1/4/13; 9:00 AM EST = +33; signal line is +2
1/2/13; 10:45 AM EST = +33; signal line is +0

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