Keybot the Quant remains short today. UTIL is fighting at the 480.85 level. Whichever way UTIL moves in relation to the 480.85 is the direction the markets will move. UTIL 477.91 remains a level where serious market trouble occurs. Bulls need to keep UTIL above 480.85. The SPX never made it up over the HOD earlier at 1646.53.
6/7/13;
9:00 AM EST =
6/4/13; 1:28 PM EST =
+36; signal line is +38
6/4/13; 12:41 PM EST
= +52; signal line is +38 but algorithm says stay short
6/4/13; 12:04 PM EST
= +36; signal line is +37
6/4/13;
9:37 AM EST = +52; signal line is +38 but algorithm says stay short
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