Friday, May 23, 2014

Keybot the Quant Turns Bullish

Keystone's trading algorithm, Keybot the Quant, flips to the bull side yesterday at SPX 1889. XLF is 21.97 well above the 21.83 bull-bear line in the sand so the bulls are in charge. Bulls need RTH 58.62 to receive more upside juice. If RTH remains under 58.62 and XLF above 21.83, equities will float along sideways into the holiday weekend. As always, stay alert for a whipsaw move today or Tuesday. More information is found at Keybot's site;

Keybot the Quant

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