Monday, February 10, 2014

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long as the utilities make another push higher today creating bull fuel. UTIL is above 504.65. The SPX turns positive. The XLF is 21.30 recovering from the lows and now knocking on the bull-bear line at 21.36 (use 21.36 instead of the 21.38). If XLF crosses above 21.36, equities will rally strongly higher well above SPX 1800. The bears are trying to prevent XLF 21.36 with all their might. High drama. Financials are now dictating market direction more than any other parameter. XLF 21.36 provides the market answer going forward.

2/14/14; 10:00 AM EST =
2/10/14; 1:07 PM EST = +16; signal line is -9
2/10/14; 12:17 PM EST = +0; signal line is -10

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