Thursday, September 1, 2011

SPX Daily Chart Showing Keybot the Quant Algorithm Turns

Here is an updated SPX chart showing the latest algo turns by Keystone's proprietary algo, Keybot the Quant.

Keybot went short at SPX 1324 on 7/11/11. The algo then went long at SPX 1146 on 8/23/11. Today, Keybot flipped back to the short side at SPX 1207. Watch out for a possible whipsaw over the next day or two. The big jobs report data is released at 8:30 AM.
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