Thursday, December 19, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains bullish. GTX moves above 4806 so this creates a support floor for equities and opens the door to higher numbers. The bulls are driving the bus. Watch GTX 4805.75 as the bull-bear line in the sand that will push equities one way or the other. Copper jumps to a higher priority since it is collapsing today. JJC is maintaining above 40. The bull-bear line in the sand that would cause broad market weakness is JJC 39.80 not that far away. If the dollar rises, copper and commodities should leak lower.

12/22/13; 7:00 PM EST =
12/19/13; 10:36 AM EST = +60; signal line is +37
12/19/13; 10:11 AM EST = +46; signal line is +36
12/19/13; 9:39 AM EST = +60; signal line is +36
12/18/13; 3:20 PM EST = +46; signal line is +35

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