Keybot the Quant remains long. Copper fails and then the utilities round trip dictating the stutter-steps in the overall stock market.
Bears need UTIL below 967.40 and 963.10 and price begins at 970.03. If one fails, the caution flag will be out and if both fail, the imminent turn to the short side will be in play. Bulls must keep utes elevated with all their might.
Bulls need stronger copper to keep the upside party going. Bulls need to push CPER above 24.50 now at 24.39. This equates to a +0.5% gain in copper futures that are trading up 0.9% in real-time so the bulls are smiling.
4/16/23; 7:00 PM EST =
4/14/23;
10:00 AM EST =
4/10/23;
12:57 PM EST = +42; signal line is +7
4/10/23;
11:43 AM EST = +26; signal line is +3
4/10/23;
9:43 AM EST = +10; signal line is +1
4/10/23;
9:36 AM EST = +26; signal line is -1
4/9/23;
7:00 PM EST = +42; signal line is -3
4/7/23;
9:00 AM EST = +42; signal line is -6
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