Monday, October 6, 2014

Keybot the Quant Turns Bullish

Keystone's proprietary trading algo, Keybot the Quant, flips to the bull side after the opening bell at SPX 1974. The SPX gapped and crapped this morning and now stutters sideways at 1970. Stay alert for a whipsaw back to the short side, however, NYA is at 10665 remaining above the critical 40-week MA at 10630 so the stock market should remain buoyant. More information is found at Keybot's site;

Keybot the Quant

Note Added 2:09 PM: The wild erratic day continues with NYA losing the 10638 level but then regaining 10638; up and down like a yo-yo. NYA jumps above 10638 creating broad market lift, now it retreats again sitting at 10638-10639 creating weakness. You put your left foot in, you put your left foot out, you put your left foot in and shake it all about, you do the Hokey Pokey and turn yourself around, that's what it's all about....everybody now......the bull-bear fight continues..... and NYA 10638 is the battlefield.

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