Keybot the Quant flips back to the long side at SPX 2888 as the erratic whipsaw market behavior continues. The chips lead the parade higher. The US and China drama queens will likely spew more trade war rhetoric between 5 PM and 6 PM EST Sunday evening as the futures open. More information is on Keybot's site;
Keybot the Quant
Note Added Monday Morning, 8/19/19, at 5:50 AM EST: President Trump talks up US-China trade talks to boost futures and he succeeds. S&P futures are up +25, with the VIX down to 17.82, about 3-1/2 hours before the opening bell for the US regular trading session. Every day is another day of market intervention and manipulation. Crony capitalism is playing out its final months and years.
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