Keybot the Quant remains long through the weekend. The market bears did not have enough oomph to flip the model short on Friday. The Keybot algo continues champing at the bit to go short. SPX 2292 remains key come Monday morning. Utilities and retail stocks are dictating broad stock market direction currently. UTIL finishes last week at 657.70 above the critical 655.00 level that is in play every day in the new week ahead. Levels of interest for next week can be identified once Keybot prints the pre-scheduled Sunday number tomorrow.
1/29/17;
7:00 PM EST =
1/27/17; 10:00 AM EST
= +68; signal line is +82 but algorithm remains long
1/27/17;
9:43 AM EST = +68; signal line is +81 but algorithm remains long
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