2/21/13: Keybot the Quant flipped to the short side at 2:08 PM EST at SPX 1498. For the year thus far, SPX Benchmark Index is up 5.1%; Keybot is up 5.1%; Keybot actual trading is up 5.8%. Stay alert for a whipsaw.
12/31/12: Keybot the Quant flipped to the long side at 2:51 PM EST at SPX 1419 and the year ended only a few hours later resulting in the following closing numbers for 2012; SPX Benchmark was up 13.4% closing at 1426; Keybot was up 22.3%; Keybot actual trading was up 20.0%.
12/20/12: Keybot the Quant flipped to the short side at 9:44 AM EST at SPX 1435. For the year thus far, SPX Benchmark is up 14.1%; Keybot is up 20.8%; Keybot actual trading is up 18.1%.
12/11/12: Keybot the Quant flipped to the long side at 9:35 AM EST at SPX 1426. For the year thus far, SPX Benchmark is up 13.4%; Keybot is up 20.2%; Keybot actual trading is up 18.0%.
12/4/12: Keybot the Quant flipped to the short side at 11:05 AM EST at SPX 1407. For the year thus far, SPX Benchmark is up 12.0%; Keybot is up 21.6%; Keybot actual trading is up 19.5%.
11/28/12: Keybot the Quant flipped to the long side at 3:51 PM EST at SPX 1409. For the year thus far, SPX Benchmark is up 12.0%; Keybot is up 21.7%; Keybot actual trading is up 19.6%.
11/27/12: Keybot the Quant flipped the short side at 3:56 PM EST at SPX 1399. For the year thus far, SPX Benchmark is up 11.2%; Keybot is up 22.4%; Keybot actual trading is up 21.1%.
11/19/12: Keybot the Quant flipped to the long side at 9:30 AM EST at SPX 1370. For the year thus far, SPX Benchmark is up 8.9%; Keybot is up 20.3%; Keybot actual trading is up 17.5%.
10/19/12: Keybot the Quant flipped to the short side at 11:49 AM EST at SPX 1442; for the year thus far, SPX Benchmark is up 14.6%; Keybot is up 15.3%; Keybot actual trading is up 8.6%.
10/16/12: Keybot the Quant flipped to the long side at 9:31 AM EST at SPX 1446; for the year thus far, SPX Benchmark is up 14.9%; Keybot is up 15.6%; Keybot actual trading is up 9.3%.
10/9/12: Keybot the Quant flipped to the short side at 10:42 AM EST at SPX 1452. For the year thus far, SPX Benchmark is up 15.4%; Keybot is up 15.2%; Keybot actual trading is up 8.8%.
10/1/12: Keybot the Quant flipped to the long side at 10:00 AM EST at SPX 1453. For the year thus far, SPX Benchmark is up 15.5%; Keybot is up 15.3%; Keybot actual trading is up 8.9%.
9/17/12: Keybot the Quant flipped to the short side at 2:11 PM EST at SPX 1460. For the year thus far, SPX Benchmark is up 16.1%; Keybot is up 14.7%; Keybot actual trading is up 7.7%.
The weekly chart will be entirely altogether obvious if we continue down here there has been to much behind the scenes for this to fall apart right now i just cant see the powers that be leting this week close on bearish a engulfing candle... i saw 12k plus contracts hit on 1502 ES to move it up this up this afternoon before this really falters we need a lower high dangerious times we trade in...
ReplyDeletefutures bright green. Keybot will get whipsawed tomorrow! Buy the dips. Get on this QE ride now!
ReplyDeletevery tricky market....very, very tricky market ...
ReplyDeletemy warning levels are 1511-1518 on spx ... if 1518 is lost to the upside, bye-bye to the bearish outlook...
if 1516-1518 is a good resistance, a H&S on spx forms (now right shoulder under construction).
so, today is possible a whipsaw to long from short...
according to my charts the rising trip is not finished ... until the end of April we will see spx at 1570-1590, maybe 1615-1618 if it gets very very extended.
Next week will be a good week for accumulating longs :) ... no sequester will appear cause the politicians natural behaviour calls for this kind of end.
V.
p.s. remember ! this week-end are the Italian elections and there will be surprises !
Oh! And one more thing:
Deletei observed a kinky inverted H&S with head at 1498 and neckline at aprox. 1510, targeting aprox. 1525...that might call a future possible double-top check-out ....
V.
I see it sideways for today. We'll teeter along in this way throughout the day. The bulls are a little gun shy after the past couple of days. They're not evening thinking about throwing in the towel, but they're asking themselves if they want to establish any new longs on a Friday. Why not take the day off and go down to Starbucks for an espresso? They'll come back on Monday with a little more certainty, having a chance to see how things shake out.
ReplyDeleteI don't know... don't have technical arguments now but I don't see spx getting lower than 1480-1485 (all included: Italy elections, sequester, FED so-called "worries" - they will continue to print, what they are doing now it's "kabuki theather" - central bank version)...
DeleteI think that now is under construction a bear trap ... after enough people get shorts ...than ...Bang! a big non-friendly slap from the market makers - FED.
This market up-move is not over yet and I see 1575 - 1615 as the final area before a big real move to 1300-1345 in May or June'13.
Friday, March First, or on Monday, March 4 a big up move will shock everybody.
I think it's wise not to short, but to add little by little longs (i.e. from 1530 till now I'm 11.25% in spy longs and 88.75% in cash with a final buying target @ 146-146.5 on spy).
I've seen people throwing PCs by the window ...they were on spy shorts since 10-12 january 2013... Not wise to fight with FED's unsterilized POMO program ...
V.
I think this is just the beginning of a long term bull run. There's so much money still on the sidelines that this is just the tip of the iceberg. For the average investor, the only that sucks more than losing money is not making any money while everybody else makes hand over fist.
DeleteYou were right, V, buy the dips