Friday, June 28, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long as the Friday session is underway. The pre-scheduled number results in no change. Watch UTIL since it came down to test the critical bull-bear danger line at 480.81 and bounced, now at 481.34. The bulls continue to drive the bus but if UTIL falls through 480.81, that will signal that the market selling has legs. XLF is 19.36 above the 19.20 line in the sand and RTH is 51.97 above the 51.48 level so the bulls are not particularly worried as yet.

6/30/13; 7:00 PM EST EOM EOQ2 EOH1 =
6/28/13; 10:00 AM EST = +21; signal line is +1
6/26/13; 12:59 PM EST = +21; signal line is +1

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