Saturday, February 9, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION


Keybot the Quant remains long through the weekend. The utilities remain the prime focus of the algo. Even though UTIL did not move and stay above 475.49 last week, this number goes away and is replaced with 469.78, which would place the current print, at 474.46 above, and place another feather in the bulls cap moving forward.  However, something else interesting is setting up with the utes and the markets are much closer to the edge than traders realize. Next week's areas and numbers of interest can be highlighted tomorrow after the pre-scheduled Sunday number prints.

2/10/13; 7:00 PM EST =
2/7/13; 10:10 AM EST = +63; signal line is +47

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