Keybot the Quant remains short as the erratic market behavior continues. The utilities fail this morning but the bulls ram chips higher and volatility lower. The battle for broad market control is between volatility and utilities.
Bears need VIX above 10.23 pronto to take stocks lower. Bulls need UTIL above 720.98 pronto to take stocks higher. One of these two will flinch. UTIL is at 716.31 and VIX is at 10.11. If the bulls push UTIL above 721, and the SPX above 2692, Keybot will likely flip long, hence the imminent turn notation is in the title line.
If the bears push the VIX above 10.23, the stock market will probably begin falling apart. The algo number is 7 points below the signal line on the bear side.
If the bears push the VIX above 10.23, the stock market will probably begin falling apart. The algo number is 7 points below the signal line on the bear side.
1/5/18;
9:00 AM EST =
1/2/18; 10:05 AM EST =
+68; signal line is +75
1/2/18; 9:41 AM EST = +54;
signal line is +76
1/2/18; 9:36 AM EST =
+70; signal line is +77
1/1/18; Begin
2018 Data Set = +54; signal line is +78; go short 2674; (Benchmark SPX
for 2018 = 0%)(Keybot algo this trade = 0%; Keybot algo for 2018 = 0%)(Actual
results this trade = 0%; Actual results for 2018 = 0%)
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