Keystone's proprietary trading algorithm, Keybot the Quant, flips to the short side today at SPX 2242. Market bears need to see VIX above 11.62 and the stock market will be flushed strongly lower. Market bulls need either JJC above 29.41 or RTH above 81.50 to stop the stock market selling and restart the rally. If volatility remains bullish and copper and retail stocks bearish, the stock market will stagger along sideways with a slight downward bias.
As always, stay alert for a potential whipsaw tomorrow. More information can be found at Keybot's site;
Keybot the Quant
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