Tuesday, April 30, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long. VIX moves above 14 empowering the market bears but for now, the bears do not have adequate juice to cause the algorithm to flip short.  The pre-scheduled number prints and reaffirms the smidge of an advantage that the bulls now hold. The bulls need to push the VIX back below 14 as quick as possible, otherwise, the bears will gain strength. VIX 14 and SPX 1582 are key today.  The drama continues with the algo number and signal line both at 32-ish showing that the markets are at an inflection point.

4/30/13; 7:00 PM EST EOM =
4/30/13; 10:00 AM EST = +32; signal line is +31
4/30/13; 9:58 AM EST = +32; signal line is +32 but algorithm says stay long
4/28/13; 7:00 PM EST = +46; signal line is +32

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