Saturday, April 25, 2015

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

Keybot the Quant remains long through the weekend. The algo was very active on Friday mainly due to erratic behavior in commodities. GTX overcame the important 3212 bull-bear line identified by Keybot closing at 3220 which guaranteed the market upside happiness.

The imminent turn notation is in play since the bears can quickly turn the tables with lower commodities, financials or copper. The areas and levels of interest to the algo can be identified once the pre-scheduled number prints tomorrow.

4/26/15; 7:00 PM EST =
4/24/15; 2:31 PM EST = +68; signal line is +54
4/24/15; 1:55 PM EST = +54; signal line is +53
4/24/15; 11:47 AM EST = +68; signal line is +53
4/24/15; 10:07 AM EST = +54; signal line is +53

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