Friday, July 6, 2012

Keybot the Quant Turns Bearish

Keystone's proprietary algorithm, Keybot the Quant, flipped short at SPX 1354 at 9:57 AM EST.  Commodities, copper and semiconductors are adding to the weakness. XLF is on the 14.40 bull-bear line; if 14.40 fails, the markets will accelerate the selling. Continue watching NYA 7720 as well. Also VIX 18.75. As always, stay alert for a whipsaw today or early next week.

http://www.keybotthequant.blogspot.com

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