Tuesday, August 6, 2013

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

Keybot the Quant remains long. Copper collapses under 39 but the algo's internal programming rules will not yet line up properly for the bear side. The algo is currently hunting for SPX 1693.29, if this fails, and holds lower for 7 to 10 minutes, Keybot will likely flip short. JJC must stay under 39 (now at 38.94) or the bear case will be nullified. This is a big day for markets. At the same time, watch GTX 4800, now at 4812. If 4800 fails, that should lock in the bear case forward.

8/11/13; 7:00 PM EST =
8/6/13; 10:55 AM EST = +49; signal line is +50 but algorithm says stay long
8/6/13; 9:30 AM EST = +65; signal line is +50

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