Keybot the Quant Turns Bearish

Keystone's trading algorithm, Keybot the Quant, flips short today at SPX 1973. The stock market recovered into the closing bell. The algo already wants to whipsaw back to the long side and likely will if the SPX moves above 1993; as long as a gap-up open does not occur. Watch financials and commodities; one of these two parameters will flinch and tell you market direction. Bears win if XLF loses the 21.80 level to the downside. Bulls win if the GTX moves above 2150. More information is found at Keybot's site;

Keybot the Quant