Friday, June 10, 2022

Keybot the Quant Turns Bearish

Keystone's proprietary trading robot, Keybot the Quant, flips short at SPX 4078 yesterday afternoon. Copper and chip weakness sinks stocks. Watch VIX 26.59 today since it tells you stock market direction inversely. VIX is trading at 26.38 right now about 4 hours before the opening bell for the regular trading session in the States (bullish). Stocks will crumble if VIX pops above 26.59 but bulls remain in the game if volatility remains below VIX 26.59.

Utilities are going to play a major roll in determining the fate of the US stock market over the next couple weeks. As always, more information is at Keybot's site.

Keybot the Quant

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