Wednesday, May 13, 2015


Keybot the Quant remains short. Wild action was expected and the market did not disappoint. Retail stocks and semiconductors jump higher at the opening bell with RTH above 76.38 and SOX above the key 700.28 level so it looked like a done deal for a flip to the long side but not so fast. The internal rules would not latch to allow the move to the long side. The price action on SPX ran to 2109-2110 and stalled prohibiting the flip; the algo needs to see sustainable highs in the minute time frame. Then the retail stocks and semi's both return to the bear camp sending equities lower. If either RTH moves above 76.38 or SOX above 700.28, either one would do, and the SPX moves above 2109, Keybot will likely flip long, hence the imminent turn notation remains in the title line.

The bulls ran SPX to 2105 and bingo, stocks ran to 2110 in a heartbeat. RTH is currently printing 76.12 (causing bearishness), SOX 699.44 (causing bearishness) and the SPX is at 2102. The beat goes on.

5/15/15; 10:00 AM EST =
5/13/15; 11:06 AM EST = +33; signal line is +48
5/13/15; 10:04 AM EST = +49; signal line is +48 but algorithm remains short
5/13/15; 9:37 AM EST = +65; signal line is +48 but algorithm remains short
5/13/15; 9:36 AM EST = +49; signal line is +48 but algorithm remains short
5/12/15; 3:58 PM EST = +33; signal line is +49

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