Keybot the Quant remains short as the new week and month is underway. Copper is strongly higher so JJC above 39.97 provides bull juice. Utilities are flat. The bullishness today gives lift to retail and semi's. The algo is now tracking RTH 53.75 and SOX 467.60. Both are currently on the bear side but only pennies away from creating more market bullishness. The recovery rally will likely have legs if retail and/or semi's move higher and Keybot will likely flip to the long side. The SPX would need to move above 1651.35, and stay above, along with either RTH and/or SOX cooperating, for Keybot to flip long. For that reason, the imminent turn notation is added. The algo number is now only 8 points from the signal line.
9/6/13;
9:00 AM EST =
9/3/13; 9:30 AM EST =
-15; signal line is -7
9/1/13;
7:00 PM EST EOM = -31; signal line is -7
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