Keybot the Quant remains long. The bears were given the markets on a silver platter this morning. Copper failed at the open (JJC sub 39.99), the VIX moved higher to test the 14.67 line in the sand, and XLF came down for a look at 20.00. A little push was all that was needed but the bears folded like a cheap suit. The VIX collapsed under 14, XLF jumped higher and copper recovered (JJC above 39.99) about one and one-half hour ago. Bulls remain in control but watch JJC 39.99, VIX 14.67 and XLF 20.00.
9/27/13;
10:00 AM EST =
9/24/13; 1:18 PM EST
= +64; signal line is +37
9/24/13; 10:00 AM EST
= +48; signal line is +35
9/23/13; 9:30 AM EST
= +49; signal line is +34
9/23/13;
10:02 AM EST = +65; signal line is +32
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