Keystone's proprietary trading algo, Keybot the Quant, flips to the bear side at SPX 2004 in these sideways choppy markets. Stocks are selling off on the higher volatility with the VIX leaping above 12.38 that is identified as a bull-bear line in the sand by the algo. As always stay alert for a whipsaw today or tomorrow. Bulls need VIX under 12.38 to stop the market selling, othewise, equities will continue leaking lower.
More information is found at Keybot's site;
Keybot the Quant
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