Keystone's proprietary trading algo, Keybot the Quant, went bullish at SPX 1180 at 12:39 PM EST today. Utilities, semiconductors and retail are all in the bull camp now and boosted the major indexes upwards. Copper, commodities, financials and high volatility are bearish but for now, the algo is on the long side.
As always, when a turn occurs, stay on guard for a whipsaw today or tomorrow.
More information at:
http://www.keybotthequant.blogspot.com
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