Tuesday, March 28, 2023

Keybot the Quant Turns Bullish

Keystone's proprietary algorithm, Keybot the Quant, whipsaws back to the long side yesterday at SPX 3984 but do not hold your breath since it may flip short today. The crazy year of choppy slop continues with Q1 almost in the bag.

Use VIX 21.05 as the stock market rudder. It is bullish now at 20.69 in real-time. Bears need VIX over 21.05 to start trouble. If the VIX remains below 21.05, and the SPX above 3960, the bulls will remain in control of the stock market. If the VIX moves above 21.05, and then the SPX loses 3960, there will be blood and carnage. Choose your poison.

Keybot the Quant

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