Keybot the Quant remains short. Semiconductors, SOX, collapsed today and are pulling the markets lower. CRB and UTIL remain in the bear camp. UTIL is actually gaining as some traders play defense and seek safety so continue to watch 463. Copper, JJC, is hanging on a smidge above 49. Bears are cruising. The caution flag is removed for now. Markets remain unstable. SPX 20-day MA is 1399.54, if price continues to stay under, lower prices are on the way.
4/8/12; 7:00 PM EST =
4/6/12; 9:00 AM EST =
4/4/12; 10:05 AM EST = +30; signal line is +62
4/3/12; 8:00 AM EST = +46; signal line is +64
4/2/12; 2:13 PM EST = +60; signal line is +64
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