Keybot the Quant remains long. Copper tried to rally on Friday but fell on its sword. UTIL drops from 920 to 915 below the critical 916.23 line in the sand for this week. Bulls win if UTIL moves above 916.23. Bears win if UTIL remains below 916.23 trending lower.
The utility chart is posted on The Keystone Speculator's site that explains the UTIL (DJU) drama in detail. The XLU ETF trades up +0.2% in the pre-market so it looks like there will be lots of drama around UTIL 916.23 today.
Keybot prints one pre-scheduled number this week on Friday morning. The big drama this week is the inflation data on Tuesday and Wednesday and the Federal Reserve on Wednesday.
6/18/23;
7:00 PM EST =
6/16/23;
10:00 AM EST =
6/11/23;
7:00 PM EST = +0; signal line is -20
6/9/23;
10:53 AM EST = +0; signal line is -22
6/9/23;
10:30 AM EST = +16; signal line is -23
6/6/23;
9:36 AM EST = +0; signal line is -25
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