Tuesday, June 18, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long as the Tuesday session begins. The pre-scheduled number results in no change. UTIL is 486.87 under the critical 488.48 for this week but above the 481.15. GTX jumps higher to 4782 above the 4764 bull-bear line in the sand. Markets are status quo. SPX is at 1644 and climbing towards the 1646.50 number that is important for today.  The markets will run out of gas if UTIL does not move above 488.48. If UTIL takes out 488.48 to the upside, then the SPX should run through 1646-1647 on its way to 1649-1650. 

6/23/13; 7:00 PM EST =
6/18/13; 9:00 AM EST = +33; signal line is +30
6/17/13; 2:15 PM EST = +33; signal line is +30

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