Wednesday, October 9, 2013

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the algo motors through another active day printing numbers like they are going out of style. RTH moves above 54.79 now helping market bulls. JJC and GTX collapsed into the bear camp at the opening bell. Utilities came out of no where catapulting higher today through the critical UTIL 483.63 and 485.90 levels. This utility bullish activity counteracts the commodity and copper negativity. UTIL is fighting along 483.63 right now. Market bears need RTH below 54.79 and UTIL under 483.63 to receive downside fuel. Market bulls need RTH above 54.79 and UTIL above 483.63 to receive upside fuel, and rocket fuel will be provided if UTIL 485.90 is taken out to the upside.

10/11/13; 10:00 AM EST =
10/9/13; 1:54 PM EST = +2; signal line is +8
10/9/13; 1:46 PM EST = -14; signal line is +9
10/9/13; 1:34 PM EST = +2; signal line is +9
10/9/13; 1:23 PM EST = -14; signal line is +9
10/9/13; 1:00 PM EST = -30; signal line is +10
10/9/13; 11:15 AM EST = -14; signal line is +11
10/9/13; 10:12 AM EST = +2; signal line is +13
10/9/13; 9:51 AM EST = -14; signal line is +13
10/9/13; 9:30 AM EST = -30; signal line is +14
10/8/13; 2:03 PM EST = +0; signal line is +16

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