Friday, March 15, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the Friday session is underway. The algo prints the pre-scheduled number resulting in no change. The quant has not printed any numbers this week except for the pre-scheduled print minutes ago. Markets have moved sideways with an upward bias; today there is some leakage lower.  The bears need to push the SPX under 1555 to accelerate the downside targeting support at 1548.  The SPX is now printing 1556. GTX is at 4900.  VIX is at 12 so the buoyancy in volatility today is creating market weakness. The beat goes on with the bulls in control. The bears need the VIX above 15 before they can do any real damage.

3/17/13; 7:00 PM EST =
3/15/13; 10:00 AM EST = +49; signal line is +42
3/10/13; 7:00 PM EST = +49; signal line is +42

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