Keystone's proprietary trading algorithm, Keybot the Quant, flips bearish in the closing minutes yesterday at SPX 1828. Higher volatility, and lower copper and financials all conspired to create the market weakness and potentially continued weakness ahead. Watch XLF 21.42, JJC 39.92 and RTH 58.70. All 3 are in the bear camp causing market negativity. The bulls need to pull at least 1 of these 3 parameters back to the bull side to stop the market selling. As always, stay alert for a potential whipsaw today or tomorrow. More information is found at Keybot's site;
Keybot the Quant
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