Keybot the Quant remains short moving into the all-important Fed decision day. The algo did not print any numbers yesterday and prints a pre-scheduled number in about 3 hours. The algo appears most interested in financials and commodities. Bears need to push XLF under 21 to create market selling. Bulls need to push GTX above 4805 to create market buying. For the SPX starting at 1781, the bulls need to touch the 1787 handle to create an upside acceleration that will pop to 1794 in quick order. The bears need to push under 1777 to accelerate the downside to 1765 in quick order. A move through 1778-1786 is sideways action. If GTX moves above 4805 or VIX under 14.20, either one would do, and the SPX moves above 1787, and stays above, Keybot will likely flip long. If commodities and volatility, respectively, remain bearish, Keybot will likely remain short moving forward.
12/18/13;
9:00 AM EST =
12/16/13; 9:37 AM EST
= +32; signal line is +37
12/15/13;
7:00 PM EST = +16; signal line is +37
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