Thursday, June 9, 2011

SPX Daily Chart Showing Keybot the Quant Turns

Keybot covered the short side and flipped long today at SPX 1290. Volatility remains low, relatively. Watch for a whipsaw since the move to the bullish side is not convincing as yet. Utilities sector and low volatility are helping the bulls. Markets remain unstable, stay on guard. Watch SPX:VIX ratio 68 level. Do not invest based on anything you read or view here. The charts and information, as well as any links, are for educational and entertainment purposes only.

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