Friday, June 7, 2013

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant is bearish but is all set to flip long at the opening bell. If UTIL drops under 480.83 that would change the picture and allow the bears to maintain control. If there is a gap up open, Keybot may delay the potential move to the long side to 11 AM. S&P futures are +9 so it is looking good for a flip to the long side.

6/9/13; 7:00 PM EST =
6/7/13; 9:00 AM EST = +36; signal line is +30 but algorithm says stay short
6/5/13; 2:26 PM EST = +36; signal line is +31 but algorithm says stay short

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