The cracks formed late day yesterday but Keystone's proprietary algo, Keybot the Quant, that remained long overnight, but at the open flipped to the short side at SPX 1150. The retail sector fell back into the bear camp dragging the indexes lower. The big tell was Keystone's SPX:VIX ratio losing the 35 level yesterday morning. The onlly major sector bullish now is the utilties. Watch UTIL 423.83. As always when a turn occurs, stay alert for a whipsaw.
More information at,
http://www.keybotthequant.blogspot.com
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