Keybot the Quant flips to the long side at SPX 2555. Retail stocks carry the day. Bulls must keep RTH above 97.50 and push UTIL above 709.50 to receive more upside stock market juice. Bears need to push RTH below 97.50 to spank the stock market lower.
The flip to the short side is interesting since the VST behavior, as the charts show, leans towards a near-term stock market top and move lower. Thus, lots of excitement is ahead for Tuesday and Wednesday.
As always, more information is found at Keybot's site,
Keybot the Quant
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.