Keystone's proprietary trading algo, Keybot the Quant, flipped to the long side at 12:30 PM at SPX 1384. Lower volatility and higher semiconductors paved the way today. The SPX 1383.97 Keystone mentioned a short time ago was taken out strongly locking in the long side for the algorithm. The strong volume at 12:30 PM is testimony at how these markets are traded mainly by the robots. As always, stay on guard for a whipsaw tomorrow or Monday especially considering the instability of these current markets.
Further details are found at Keybot's web site;
http://www.keybotthequant.blogspot.com
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