Tuesday, May 2, 2023

Keybot the Quant Turns Bullish

The Keystone Speculator's proprietary trading robot, Keybot the Quant, flips to the long side yesterday at SPX 4172 but stay alert for more whipsaw slop since the algo already wants to revert back to the short side again. Utilities, banks, chips and retail stocks are all that matter right now especially the first two.

Bulls win big if UTIL moves above 960.85, XLF above 33.13 and SOX above 3027.

Bears win big with UTIL below 960.60 and RTH below 162.60. Whichever parameters flip tell you the direction of the US stock market going forward.

Keybot the Quant

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.