Tuesday, June 4, 2013

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains short but the algo wants to flip to the long side. The algo number is above the signal line but other internal programming rules are preventing the move to the bull side, for now. JJC is above 41.38 now bullish. UTIL remains above 480.80, bullish.  If the SPX prints above 1646 and holds it a few minutes, Keybot should flip long.

6/7/13; 9:00 AM EST =
6/4/13; 9:37 AM EST = +52; signal line is +38 but algorithm says stay short
6/3/13; 10:08 AM EST = +36; signal line is +37

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