Keystone's proprietary trading algorithm, Keybot the Quant, flips short today, just before munch time, at SPX 3069. Banks and utilities give up the ghost. UTIL 762.60 is a key bull-bear line in the sand for this week. The failure created market mayhem but the bulls have pumped UTIL back up to the 767 palindrome. This stops the stock market selling in its tracks. The bears need weaker utes and higher volatility to make headway lower. Stay alert for a whipsaw. More information is found on Keybot's site.
Keybot the Quant
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