Keybot the Quant remains short. The bulls fight back today sending UTIL above 484 closing the trap-door at 483. This allows equities to float higher. RTH, XLF and VIX all remain in the bear camp but more drama is brewing. RTH is at 53.91 and has been teasing the 53.97 bull-bear line in the sand level for the last one-half hour. Very simply, equities continue higher if RTH moves above 53.97, 54, and higher. Markets will drift sideways if RTH stays under 53.97 and markets will sell off again if the UTIL trap-door reopens at 483.
8/25/13;
7:00 PM EST =
8/20/13; 10:27 AM EST
= +1; signal line is +27
8/18/13;
7:00 PM EST = -15; signal line is +29
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