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

Keybot the Quant remains short but the algo wants to flip long.  Other internal programming rules are not yet aligned to trigger the move.  One key item that needs to occur is the SPX needs to move above 1629 today to trigger the long side. SPX is now printing 1615. Utilities recovered with UTIL at 481.11 above both the 477.91 and 480.83 critical levels. If UTIL falls under 480.83, the upside will evaporate and the selling will increase into the closing bell. If UTIL remains elevated above 480.83, the broad indexes will float higher into the close. The imminent turn notation is added to the title line above since the bulls are trying to reverse the markets and will succeed if they can print SPX +1629 today.

6/7/13; 9:00 AM EST =

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

6/5/13; 1:06 PM EST = +20; signal line is +31

6/5/13; 12:18 PM EST = +4; signal line is +32

6/5/13; 9:34 AM EST = +20; signal line is +33