Keybot the Quant is bullish moving into the Wednesday session. UTIL moves above 488.48 yesterday lighting the path higher for equities. The bulls are cruising with UTIL above 488.48 (this number is important through Friday) and GTX above 4764. Bears got nothing unless they can move UTIL and GTX lower. For the SPX starting at strong S/R at 1652, the bulls only need two points, to punch through 1654, and the upside bull party will continue to 1659 and 1661. The bears need to push under 1640 for the downside to accelerate to 1636 quickly. A move through 1641-1653 is sideways action. Markets remain very erratic and unstable.
6/23/13;
7:00 PM EST =
6/18/13; 10:25 AM EST
= +49; signal line is +30
6/18/13;
9:00 AM EST = +33; signal line is +30
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