Keybot the Quant remains long. UTIL 480.81, XLF 19.20 and RTH 51.48 remain key for the algo. All three are bullish so markets remain elevated and floating higher. Utilities weakened late day so pay particularly close attention to UTIL 480.81 since that would indicate that market selling is reappearing. If two of the three parameters above flip bearish and the SPX drops under 1607, Keybot will likely flip to the short side. For the SPX starting the Friday session at 1613, the bulls need to touch the 1620 handle and an upside acceleration will occur tagging 1626-1627 in quick order. The bears need to push under 1607 to accelerate the downside to 1600. If neither side can gain, or lose, the 6 to 7 points to win the day, then markets will be moving sideways through 1608-1619. The bulls are driving the bus. Keybot prints a pre-scheduled number at 10 AM so the market action can be updated at that time.
6/30/13;
7:00 PM EST EOM EOQ2 EOH1 =
6/28/13;
10:00 AM EST =
6/26/13; 12:59 PM EST
= +21; signal line is +1
6/26/13;
12:51 PM EST = +5; signal line is +2
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