Friday, September 27, 2013

Keybot the Quant Turns Bearish

Keystone's algorithm, Keybot the Quant flips short at SPX 1689. Lower utilities and higher volatility are causing the market weakness. Bulls are in the game pushing GTX above 4889 to limit the downside thus far. XLF remains above 20.01. Watch UTIL 483.57 closely (this number replaces the 483.55). As always, stay alert for a whipsaw move back to the long side either today or Monday. For now, the bears are driving the bus. More information is found at Keybot's site;

Keybot the Quant

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