Monday, November 5, 2012

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains bearish. Utilities remain weak. RTH has recovered back above 44.45 creating the lift in the broad indexes. Watch UTIL 466.39 (50-week MA), RTH 44.45 and SOX 379.50, now at 375.30. The bulls are trying to boost the markets with retail and semi's, RTH and SOX. RTH is now printing 44.55 a dime above danger, use this as the main rudder moving forward today.

11/11/12; 7:00 PM EST =
11/9/12; 10:00 AM EST =
11/5/12; 10:35 AM EST = -15; signal line is +11
11/5/12; 9:39 AM EST = -31; signal line is +14

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