UTIL Utilities Weekly and 3-Minute Charts; Major Failure at 50-Week MA Ushers in Stock Market Collapse

Keystone often talks about the importance of the UTIL 50-week MA at 708.55. This is a trapdoor in the markets. If it opens, stocks are in major trouble. The 3-minute shows the rupture at 10 AM EST. Many algorithms, including Keybot the Quant, have the 50-week MA programmed into their models. Large sell blocks began hitting markets from 10:30 AM on. It was over. The stock market is now in danger of crashing unless the bulls can push UTIL back above 709 pronto. The beatings will continue until moral improves. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.