Wednesday, February 16, 2011

Keybot the Quant Turns Bullish -- Long

Keybot the Quant, a trading algorithm tracking the SPX, flipped back to the long side at 10:13 AM EST at 1334.  UTIL is staying well above 409.60 so this negates any broad market fears--for now.  Always stay on guard for further whipsaws.  SPX at critical resistance now going back to 2006.  Market bulls are in control.

http://www.keybotthequant.blogspot.com/

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