Wednesday, February 22, 2012


Keybot the Quant remains long.  The utilities refuse to die and the bulls continually push UTIL above 452.91 which provides market buoyancy. Copper is remaining elevated so despite the drop in the SPX under 1358 today, Keybot remains long.  Note how the signal line ratchets higher on each print; this actually makes the shift to the bear side come easier, whenever it chooses to occur. UTIL 452.91 and SPX 1358 remain key today. Markets are unstable; extreme caution is warranted.

2/26/12; 7:00 PM EST =
2/24/12; 10:00 AM EST =
2/22/12; 1:08 PM EST = +76; signal line is +59
2/21/12; 1:18 PM EST = +60; signal line is +57
2/21/12; 10:42 AM EST = +76; signal line is +57

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