Thursday, June 6, 2013

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the Thursday session is underway. At the start, copper drops with JJC dropping under the important 41.40 bull-bear line but at the same time, UTIL recovers back above 477.91 helping the bulls.  Markets meander sideways with an  upward bias. The bears are driving the bus and have no worries today unless the SPX moves into the high 1620's. Watch UTIL 477.91 and 480.83.

6/7/13; 9:00 AM EST =
6/5/13; 9:34 AM EST = +20; signal line is +33
6/5/13; 9:30 AM EST = +4; signal line is +34
6/4/13; 11:21 AM EST = +20; signal line is +35

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