Keybot the Quant remains short. This is a big surprise due to the opening pop but the SPX could not hold the higher levels after the bell, failing after a couple minutes. The VIX remains above 15.85. The SOX and XLF are firmly bullish. The algo now wants to see SPX 1420.34 hold for a few minutes to lock in the long side. For now, the bears continue to drive the bus but the bulls are on the verge of grabbing control. Keybot will flip long if 1420.34 can hold.
12/9/12;
7:00 PM EST =
12/7/12; 10:00 AM EST
= +17; signal line is +8 but algorithm says stay short
12/7/12;
9:00 AM EST = +19; signal line is +6 but algorithm says stay short
12/5/12;
11:34 AM EST = +19; signal line is +6 but algorithm says stay short
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