Thursday, October 9, 2014

Keybot the Quant Turns Bearish

Markets have become a circus. Keystone's proprietary trading algo, Keybot the Quant, flips short at SPX 1943 for an unprecedented quadruple flip this week; Monday going long, Tuesday going short, Wednesday going long and now Thursday going short again. The price action is amazing. Stay alert for another potential whipsaw in these wacky markets. Watch XLF 23.11 and RTH 62.15 as two key bull-bear lines in the sand. Markets will lock in substantial downside if RTH fails at 62.15. Bulls will recover with XLF moves above 23.11. More information is found at Keybot's site;

Keybot the Quant

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