Keybot the Quant remains bearish through the weekend after a wild unprecedented roller coaster ride last week. The algo did not print any numbers on Friday. UTIL ends at 561.67 above the 554.27 that is a bull-bear line in the sand for all of next week so the bulls receive a feather in their caps and this will create broad market lift on Monday--as long as UTIL remains above 554.27. Retail stocks and the SPX 1895 price level will be key to begin next week. Areas and levels of interest can be identified once the Sunday pre-scheduled number prints tomorrow.
10/12/14;
7:00 PM EST =
10/9/14;
11:54 AM EST = -23; signal line is -11; go short 1943; (Benchmark SPX
for 2014 = +5.1%)(Keybot this trade = -1.0%; Keybot for 2014 = +6.7%)(Actual
this trade = -0.9%; Actual for 2014 = +7.4%)
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