Saturday, July 13, 2013

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long through the weekend. Bears do not have a chance without raising volatility. VIX 14.27 remains important. VIX drifted lower late afternoon Friday closing at 13.84 which created the thrust in the SPX into the closing bell. The algo's areas and levels of interest can be identified for next week once the Sunday pre-scheduled number prints tomorrow. The bulls print new all-time closing highs in the SPX two consecutive days and are cruising along without worry.

7/14/13; 7:00 PM EST =
7/12/13; 10:00 AM EST = +50; signal line is +8

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