Friday, November 6, 2015


Keybot is on the short side with the bears flexing their muscles. Utilities are in a mini-crash as Treasury yields jump higher. UTIL falls through 562.74 a key level that was in play for this week but not applicable until this morning since it was well below the price action; not anymore. Watch UTIL 562.74. The stock market will recover higher if UTIL moves above 562.74. If UTIL stays under the bears should maintain negativity. As an aside, with utilities under both their 50-week MA and below the levels from 15 weeks ago, this is an ominous sign for stocks for the weeks and months ahead. Bulls need to push UTIL above 562.74 pronto to prevent market deterioration.

The UTIL 562.74 value is only applicable until 4 PM EST today and is then replaced with 583.94 for all of next week. This number is 20 points higher so you can see the bears are on easy street and should maintain this utility feather in their cap going forward.

11/15/15; 7:00 PM EST =
11/8/15; 7:00 PM EST =
11/6/15; 9:53 AM EST = +19; signal line is +38
11/6/15; 9:00 AM EST = +35; signal line is +39
11/5/15; 10:33 AM EST = +35; signal line is +39; go short 2094; (Benchmark SPX for 2015 = +1.7%)(Keybot algo this trade = +4.1%; Keybot algo for 2015 = +13.5%)(Actual results this trade = +8.6%; Actual results for 2015 = +23.6%)

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