Keybot the Quant remains short thru the weekend. Note that the signal line is now at 59 and the algo number has been favoring jumps to 60 when it moves higher, thus, the markets are at an inflection point, and the result will likely be decided at the opening bell on Monday with the semiconductor sector. The specific levels of interest can be identified after the Sunday pre-scheduled number prints tomorrow but the SOX 395.40-395.50 level is of great interest, below, as it is now, and the market bears will continue to create market negativity while a move above would result in a high liklihood that Keybot may flip back to the long side. Keybot has been long for about five days and interestingly, the SPX sits exactly at 1460 where Keybot went short for this latest algorithm move.
9/23/12; 7:00 PM EST =
9/21/12; 3:53 PM EST = +44; signal line is +59
9/21/12; 9:30 AM EST = +60; signal line is +60 but algorithm says stay short
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