Thursday, August 14, 2014

Keybot the Quant Turns Bullish

Keystone's proprietary trading algorithm, Keybot the Quant, flips bullish at SPX 1952 this morning. XLF is above 22.53, VIX below 12.87, SOX above 617.76 and UTIL above 543.81 all creating bullishness in the stock market. Surprisingly, equities are flatish when a large upside move would be expected. Therefore, remain cautious in these erratic markets. The bulls are back in control, for now. Stay alert for a potential whipsaw today or tomorrow. Reference Keybot's site for more information;

Keybot the Quant

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.