Thursday, August 3, 2023

Keybot the Quant Turns Bearish

Keystone's proprietary trading robot, Keybot the Quant, flips to the short side yesterday at SPX 4518. Volatility and copper are controlling stock market direction currently. Bulls have no hope unless they can push VIX back below 15.86. Bears need CPER below 23.72 (a -0.2% drop in copper futures) to cause more stock market trouble (copper futures are down -0.4% currently creating more negativity).

Keybot the Quant

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