Wednesday, June 1, 2011

SPX Daily Chart Showing Keybot the Quant Turns

SPX whipsawed back to the short side this morning at SPX 1331 at 10:44 AM EST.

The retail sector cracked today.

Keystone's 2-10 Spread Indicator turned bearish today causing the banks to give way.  More information at Keystone's site, http://www.thekeystonespeculator.blogspot.com

Utilities and low volatility remain bullish.

Markets are highly unstable, stay on guard.

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