Friday, April 8, 2016


Keybot the Quant remains short and the algorithm is active on Friday printing four numbers with a couple hours remaining in trading. Pay attention to XLF 22.16 and NYA 10140 to forecast broad market direction. Both are only a hair in the bear camp causing market negativity; NYA is at 10136 and XLF is at 22.12. If both turn bullish and the SPX moves above 2063, Keybot may flip long. Bears are fine as long as they maintain the weakness in the NYA Index and in financials.

4/10/16; 7:00 PM EST =
4/8/16; 12:25 PM EST = +34; signal line is +64
4/8/16; 12:11 PM EST = +50; signal line is +65
4/8/16; 11:39 AM EST = +34; signal line is +67
4/8/16; 9:52 AM EST = +64; signal line is +68
4/7/16; 10:22 AM EST = +34; signal line is +69

NOTE: A couple minutes after the message above, the NYA teases above 10140 moving into the bull camp which creates the lift in the stock market. XLF remains hesitant at 22.14-22.15. The beat goes on.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.