Keystone's proprietary trading algorithm, Keybot the Quant, flips to the short side this morning at SPX 3304. Copper and commodities are in the bear camp creating a pall on the stock market. The VIX pops above the key 13.58 level, identified by the quant, which creates more stock market sickness. As always, stay alert for a whipsaw. Bulls need lower volatility and stronger commodities and copper. Watch the VIX 13.58 bull-bear line in the sand today. The stock market beatings will continue until these three parameters move back into the bull camp.
More information is found at Keybot's site;
Keybot the Quant
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