Wednesday, October 8, 2014

Keybot the Quant Turns Bullish

The circus continues as Keystone's trading algorithm, Keybot the Quant whipsaws again flipping to the long side at SPX 1962 into the closing bell. RTH and XLF ran into the bull camp today and the NYA overtook the critical 40-week MA at 10638. Watch this closely tomorrow. Bulls will rule and bears will be killed moving forward if NYA stays above 10638 and moves higher. If NYA drops under 10638, the bears will stop the market upside. More information is found at Keybot's site;

Keybot the Quant

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