SPX Daily Chart Showing Keybot the Quant Algorithm Turns Bullish from 9/14/11

Here is the SPX daily chart showing the last few turns by Keystone's algo. Long from SPX 1146 on 8/23/11, then short from SPX 1207 on 9/1/11, then long from SPX 1200 on 9/8/11, which resulted in a whipsaw, this was the day that Chairman Bernanke's speech tanked the markets, thus, short from SPX 1186 on 9/8/11, then long from SPX 1180 on 9/14/11, today. As always, stay on guard for a whipsaw today or tomorrow. For now, the market bulls rule.

Keybot the Quant web site:

http://www.keybotthequant.blogspot.com