Sunday, December 8, 2013


Keybot the Quant is bullish moving into the new week of trading. Equities remain a toss-up moving forward. The bulls need UTIL 491.25 and/or JJC 39.68 to verify further upside and the SPX moving to new all-time highs. The bears need VIX 13.95 and/or GTX 4810 to restart the market downside. If all 4 parameters remain in their respective camps, then equities move sideways. If the VIX moves above 13.95 and/or GTX loses 4810, and the SPX drops under 1789, and stays below, Keybot will likely flip short. Watch copper trading overnight since copper and commodities generally move together and strong copper is a big plus for the bulls while weak copper will help the bears.

For the SPX today starting at 1805, the bulls need only one point higher, to push up through 1806, and the upside acceleration will continue testing 1808-1809 quickly then moving up to the 1814 all-time high. Watch the overnight futures. Any hint of green and bulls will be happy campers come tomorrow morning. The bears need to reverse much of Friday's move pushing under 1789 to accelerate a move lower. A move through 1790-1805 is sideways action. Markets remain highly unstable. Exercise caution. Keybot does not print any pre-scheduled numbers this week.

12/15/13; 7:00 PM EST =
12/8/13; 7:00 PM EST = +44; signal line is +34
12/6/13; 12:41 PM EST = +44; signal line is +34; go long 1803; (Benchmark SPX for 2013 = +26.4%)(Keybot this trade = -3.3%; Keybot for 2013 = +14.7%)(Actual this trade = -7.1%; Actual for 2013 = +8.0%)

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