Keybot remains short. The algo printed a number after lunch time today and the bears continue driving the bus. Watch RTH 41.27, where price popped above today which is helping to create the market buoyancy. RTH is now printing 41.42 with one-half hour of trading remaining in the session. The markets will float out sideways with an upward bias if the bulls keep RTH above 41.27. If it fails, the markets will sell off strongly. The SPX:VIX ratio is a hair under 68 which favors bears.
7/1/12; 7:00 PM EST EOM EOQ2 EOH1 =
6/29/12; 10:00 AM EST =
6/26/12; 12:30 PM EST = -14 signal line +6
6/26/12; 10:00 AM EST = -30 signal line +7
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