Thursday, May 18, 2023

Keybot the Quant Turns Bullish

Keystone's trading robot, Keybot the Quant, flips back to the long side yesterday at SPX 4137. The choppy slop continues. Chips, the NYA index and banks are what matter to the stock market currently. Bulls win big if XLF moves above 32.78 since it proves the upside is real. Bears will battle back and take control again if NYA loses 15150 and/or if SOX loses 3026. One of these Three Stooges will flinch and tell you which way stocks will go.

Keybot the Quant

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