Friday, February 24, 2012


Keybot the Quant is long. The pre-scheduled number results in no change.  The algo remains on the verge of going short but not yet. Today the SPX would probably have to give up ten handles or more for Keybot to go short so it is looking like the algo will stay long into the weekend.  But, the quant can explode into wild action at any time and there is a long day ahead that has yet to be played out.

UTIL 452.91 remains important for today but at 4 PM today, and all next week, this value drops to 442.01 making life far easier for the market bulls.  The market bears need to see JJC 48 and/or RTH 39 to develop any downside mojo.

The SPX moved up thru the 1363.61, and touched the 1364.25, so the upside accelerated, the HOD thus far at 1366.94, a few ticks shy of 1367. The quant is increasingly focused on the retail sector, use RTH 39 as an important level to monitor now.  Reference UTIL at today's close in reference to the 442 level. Markets remain highly unstable, stay alert.

2/26/12; 7:00 PM EST =
2/24/12; 10:00 AM EST = +60; signal line is +60 but algorithm says stay long
2/22/12; 3:26 PM EST = +60; signal line is +60 but algorithm says stay long

No comments:

Post a Comment

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