Tuesday, October 6, 2020

Keybot the Quant Turns Bullish; Watch Volatility

Keybot the Quant algorithm flips back to the bull side at SPX 3399 yesterday afternoon. The whipsaw choppy action continues. Chop suey. Bulls need stronger copper and commodities and lower volatility while bears need weaker utilities and banks. Watch the VIX 27.18 bull-bear line in the sand. Bears win above VIX 27.18 while bulls win below. VIX is trading at 28.24 with the S&P futures -3. More information is found at Keybot's site;

Keybot the Quant

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