Wednesday, July 6, 2022

Keybot the Quant Turns Bearish

Keybot the Quant algorithm whipsaws back to the bear side at SPX 3760 yesterday morning but the stock market remains a coin-flip. UTIL 954-955 (trap-door) and VIX 26.95 are all that matter since they are dictating the direction of the US stock market currently. Bears need UTIL below 954 that will open the gates of Hell. Bulls need VIX under 26.95 that will create a big upside party of rainbows and blue skies. One of them will flinch.

Keybot the Quant

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