Pages

Thursday, July 17, 2014

Keybot the Quant Turns Bearish

Keystone's trading algorithm, Keybot the Quant, flips to the short side today at SPX 1963 about one our before the closing bell. VIX above 13.10 caused the market failure in the afternoon. RTH closed exactly on the RTH 59.46 bull-bear line in the sand. Whichever way the retail sector goes tomorrow, so goes equities. The algo was long for about 8 weeks. As always stay alert for a potential whipsaw tomorrow. The bears are finally driving the bus. Reference Keybot's site for further details;

Keybot the Quant

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.