Wednesday, August 6, 2014


Kebot the Quant remains short. The algo prints the first number this week as the critical JJC 38.92 bull-bear line in the sand fails. It is very surprising to see copper fail today, and JJC remains under 38.92, but the equities are flat lining and printing positively. As long as the JJC stays under 38.92, the expectation would be for more market selling. If JJC moves above 38.92, then the market upside and a relief rally will be confirmed. It's all about copper. JJC is currently printing 38.63 almost 30 cents under the critical bull-bear danger line.

8/10/14; 7:00 PM EST =
8/6/14; 9:36 AM EST = -25; signal line is +26
8/3/14; 7:00 PM EST = -9; signal line is +30

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