Thursday, January 24, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the SPX jumps thru 1496 and now thru 1500. UTIL moved thru 466.75 a few minutes after the opening bell and is adding the bull fuel. UTIL 466.75 remains in play today. The bears must push the utes under this level as quick as possible, otherwise the bulls will keep running higher. UTIL 475.48 is the next number higher that would cause the SPX to move into the 1520's. The bulls are running again but the caution flag remains out.

1/27/13; 7:00 PM EST =
1/24/13; 9:50 AM EST = +63; signal line is +33
1/20/13; 7:00 PM EST = +47; signal line is +30

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