Keybot the Quant remains short as the bulls strongly bounce utilities. UTIL now moving up towards 485 in a heartbeat to save the day. The caution flag returns. Watch JJC 41.40, VIX 13.30 and UTIL 480.80 and 477.91 (this level is big trouble for markets but the bulls held the line today). The algo number and signal line are now only one point difference illustrating the intense bull-bear struggle ongoing in the markets.
6/7/13;
9:00 AM EST =
6/3/13; 10:08 AM EST
= +36; signal line is +37
6/3/13; 10:02 AM EST
= +20; signal line is +37
6/3/13;
9:36 AM EST = +4; signal line is +38
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