Monday, January 1, 2018

SPX S&P 500 Daily Chart Shows Keybot the Quant Algorithm Turns in 2017

The SPX daily chart shows the Keybot the Quant algorithm flipping from the long side to the short side and back again for 2017. It was a very choppy market with low volatility. The middle part of the year was very choppy and then the last quarter finishes strong as President Trump slashes banking regulations and the tax bill passes Congress.

 On 12/18/17, the SPX prints the all-time highest number in history at 2694.97 only 5 points from 2.7K and the all-time closing high is 2690.16. Hopefully, the choppiness will subside in 2018 so the algorithms can breathe easier.
Posted by Keybot the Quant™ at 1/01/2018 05:18:00 AM

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