Tuesday, September 16, 2014

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant is bearish but the wild move in copper up +2.6% has the algo on the verge of going long. The move came out of left field. Watch JJC 38.48 as the bull-bear line in the sand. JJC has remained under creating negativity but price is at 38.36 only pennies away threatening a positive cross which will send equities even higher. If JJC moves above 38.48, and the SPX moves above 1999, Keybot will likely flip long. The SPX has staged a 20-point turnaround intraday

9/18/14; 9:00 AM EST =
9/16/14; 9:52 AM EST = +42; signal line is +42 but algorithm remains short

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