Saturday, August 13, 2016

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long through the weekend. Copper turns negative but the bears did not have enough juice to flip the algo short. The algorithm wants to flip short but the internal parameters will not fully latch to permit the move. The SPX drops to 2179 intraday Friday but the bears needed to see 2178 and lower. The party will continue next week with copper and commodities dictating broad stock market movement currently. The levels of interest can be identified after the Sunday pre-scheduled number prints tomorrow.

8/14/16; 7:00 PM EST =
8/12/16; 10:00 AM EST = +64; signal line is +76 but algorithm remains long

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