Monday, July 22, 2013

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long and receives more upside fuel due to the SPX starting the day on the plus side as well as JJC (copper) surpassing 39.21. The markets will continue higher to SPX 1700 if JJC stays above 39.21. If JJC drops back under 39.21, equities will begin drifting lower again.  VIX ran over 13 but now is back under so lower volatility also means more upside market fuel. The SPX is printing new all-time highs today above 1696. Watch JJC 39.21 closely. The bulls are in full control to begin the week.

7/26/13; 10:00 AM EST =
7/22/13; 10:30 AM EST = +66; signal line is +29
7/21/13; 7:00 PM EST = +50; signal line is +27

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