Keybot the Quant remains short as the market strangeness continues. Utilities collapse this week but the remainder of the market is joyous. Volatility, the VIX, collapses to an 8-handle, for only the sixth time in history. Market complacency is off the charts. Keybot idles along all day Wednesday without printing any numbers.
Market bulls win big if UTIL moves above 720.92. UTIL is at 707. Market bears win big if the VIX moves above 10.24. VIX is at 9.15. One of these two parameters is going to flinch. If UTIL moves above 721, and the SPX above 2714, Keybot will likely flip long. The beat goes on.
1/7/18; 7:00 PM EST =
1/5/18;
9:00 AM EST =
1/2/18; 10:05 AM EST =
+68; signal line is +75
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