The Keybot the Quant algorithm flips to the bull camp this afternoon at SPX 3429. The S&P 500 then fell like a stone. Commodities, volatility and utilities are controlling stock market direction currently. Bulls need UTIL above 827. Bears need VIX above 27.54 and GTX below 1720. Stay alert for a potential whipsaw. More information is found at Keybot's site;
Keybot the Quant
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.