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Sunday, May 8, 2016

Keybot the Quant Turns Bearish

Keystone's algo, Keybot the Quant, flips back to the short side last week at SPX 2053. Weak copper and semiconductors cause the negativity. For the new week ahead, copper and retail stocks are the two key parameters most impacting market direction. Bulls win with higher copper; if JJC moves above 25.27. Bears win with lower retail stocks; if RTH drops under 75.94. Markets are choppy sideways for the last couple months.

More information is found at Keybot's site;

Keybot the Quant

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