Saturday, July 20, 2013

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long through the weekend. Volatility was crushed Friday which was an immediate tell that the market downside had no legs. Next week, the bulls need higher copper to gain strength and move the SPX above 1700. The bears continue to need higher volatility to create market selling but the VIX is firmly in the bull camp. The bulls are cruising. The areas and levels of interest for next week can be identified once the Sunday pre-scheduled number prints.

7/21/13; 7:00 PM EST =
7/17/13; 10:57 AM EST = +50; signal line is +24

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