Tuesday, July 2, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as utilities oscillate above and below the 480.75 bull-bear danger line. UTIL is 479.46 creating market negativity. Retail (RTH) and financials (XLF), however, remain in the bull camp. Thus, markets are losing altitude but the bulls are not worried, yet.

7/5/13; 9:00 AM EST =
7/2/13; 1:38 PM EST = +5; signal line is -3
7/2/13; 9:46 AM EST = +21; signal line is -2
7/1/13; 1:49 PM EST = +5; signal line is -1

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