Friday, July 29, 2011

STOCK MARKET BEARISH -- SHORT

Keybot remains short as the markets languish. The pre-scheduled number results in no change.  The high 1280's have held so far so this may prove to be a short-lived selling frenzy for the broad markets.  Utes dropping today, UTIL now at 431, but comfortably above the danger zone of 412-416, remaining bullish.  Copper remaining buoyant as well. 1286-1289 very important support here.

7/31/11; 7:00 PM EST EOM =
7/29/11; 10:00 AM EST = -26
7/28/11; 3:21 PM EST = -26
7/28/11; 3:17 PM EST = -10
7/28/11; 10:05 AM EST = +4; signal line is +17
7/28/11; 9:30 AM EST = -10
7/27/11; 3:46 PM EST = -26
7/27/11; 2:27 PM EST = -12
7/26/11; 10:00 AM EST = +4; signal line is +24
7/25/11; 9:30 AM EST = +4; signal line is +24

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