Keystone's proprietary trading algorithm, Keybot the Quant, flips to the long side at SPX 1900 a few minutes after 2 PM EST today. As always, stay alert for a whipsaw. The bulls have energy since they overtook SPX 1895. Tuesday will be a battle of retail stocks which will determine if the bulls have legs, or not. Watch RTH 61.95, now at 61.82. If the bulls push RTH only 13 little pennies higher tomorrow the recovery rally will be in full steam with the SPX moving toward 1920. The bears need to hold the line at RTH 61.95 or they will fold like a cheap suit. Listen for any news concerning retail stocks overnight. More information is found at Keybot's site;
Keybot the Quant
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