Thursday, October 1, 2015


Keybot the Quant remains short as the bulls stage a strong intraday recovery in Thursday trading. The bulls keep jogging utilities higher to try and substantiate a relief rally. Note how UTIL comes up 569.68 in the afternoon and fails and in the final minute of trading comes up again to print the 569.68, that the algo identified ahead of time, only to end a few pennies below. It is astounding that the algorithm can call out the key parameter affecting market direction as well as the level to watch before it happens. Watch UTIL 569.68. If utes move above, and the SPX moves above 1927, Keybot will likely flip long. So, depending on how the Monthly Jobs Report goes at 8:30 AM EST, the bulls are in position to flip the algo long on Friday morning.

For the SPX starting at 1924, the bulls need to push above 1927 to accelerate the upside. The bears need to push below 1901 to accelerate the downside. A move through 1902-1926 is sideways action to end the week. Keybot prints a pre-scheduled number before the opening bell. Watch UTIL 569.68 and SPX 1927 to see if the bulls have the beans to likely flip Keybot to the long side.

10/4/15; 7:00 PM EST =
10/2/15; 9:00 AM EST =
10/1/15; 11:07 AM EST = -59; signal line is -44
9/3015; 7:00 PM EST EOM EOQ3 = -43; signal line is -43 but algorithm remains short

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