Wednesday, September 4, 2024

Keybot the Quant Turns Bearish

The Keystone Speculator's proprietary trading robot, Keybot the Quant, flips bearish yesterday afternoon at SPX 5544. The semiconductors were taken to the shed out back and beaten with a leather strap creating market mayhem.

The quant is tracking RTH 206.25 as the retail stocks bull/bear line in the sand. If RTH 206.25 fails today, the broad US stock market will take another leg lower. If RTH remains above 206.25, stocks will stumble sideways into the crucial US Monthly Jobs Report on Friday morning only 53 hours away.

Keybot the Quant

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.