Thursday, April 21, 2022

Keybot the Quant Turns Bearish

Keybot the Quant flips back into the bear camp at SPX 4453 as financials fail. SPX 4462 and NYA 16700 both fail which forecasts serious long-term negativity for the US stock market. Bears need weaker copper and higher volatility to increase the selling. Bulls need SPX above 4462 and NYA above 16700 pronto or there will be Hell to pay.

Keybot the Quant

Note Added Saturday Morning, 4/23/22: Copper fails and volatility jumps higher so there was/will be Hell to pay. The S&P 500 mini-crashes -3% yesterday (Friday).

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