Keystone's trading algo, Keybot the Quant, flips bearish at SPX 1859 yesterday afternoon. Financials, semi's and volatility sent markets lower but the rise in semi's and drop in volatility late day created the rally into the closing bell. As always, stay alert for a whipsaw especially with S&P futures pointing towards a strong start for today. Bulls need XLF 21.80 to confirm the rally and likely have Keybot flip back to the long side. Bears need SOX under 567.10.
More information is found at Keybot's site;
Keybot the Quant
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.