Keystone's proprietary trading algorithm, Keybot the Quant flips back to the short side yesterday afternoon at SPX 3936 but do not blink since the algorithm may whipsaw again today or tomorrow. 2023 is a choppy whipsaw mess thus far.
The critical SPX 3960 and VIX 21.06 are all that matter. Both create negativity yesterday. The VIX is trading at 21.73 early Friday morning on US East Coast so the bears remain happy. S&P futures are up +18 so the bulls cheer since this would send the SPX cash index back above the critical 3960. This year's chop suey whipsaw action continues. Whip it good.
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