Thursday, December 24, 2015


Keybot the Quant remains long. It is interesting to watch the key UTIL 581.70 level. The bulls punched above but then slipped back below. UTIL is at 580.89 under by 81 cents. Bulls need to move utilities higher to prove that up is the direction for markets. If UTIL rolls over to the downside, the bears will need SPX under 2053 and XLF under 23.86 to prove they got the beans to accelerate the downside in the stock market. Status quo will send markets bumping along sideways.

UTIL is at 581.15. SPX is 2062. XLF is 24.03. The beat goes on.

12/27/15; 7:00 PM EST =
12/24/15; 11:07 AM EST = +33; signal line is +9
12/24/15; 10:57 AM EST = +49; signal line is +7
12/23/15; 10:42 AM EST = +33; signal line is +5

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