Utilities are likely the key way the bulls can stabilize markets and fight back. The algo continues to track utilities with interest. Bulls need UTIL above 709.34. If UTIL remains below 709.34 (now at 702), the Armageddon scenario remains on the table.
If UTIL rallies, watch to see if it jogs above and below the 709.34, if so, say a couple jogs above and below, and if the SPX rallies all the way up to 2493, Keybot may flip long. The VIX remains elevated so the wild intraday and day to day points swings will continue.
Keybot prints a pre-scheduled number before Friday's opening bell. 2019 begins with pain and misery for bulls but joyous ecstasy for bears. Typically, when the blood is flowing on Wall Street, that is when stocks recover. Tomorrow (Friday) is a big day. Keep watching utilities and copper for clues. If both head higher those are feathers in the bull's cap. If both head lower, keep those crash helmets on.
1/6/19;
7:00 PM EST =
1/4/19;
9:00 AM EST =
1/2/19; 9:37 AM EST = -52;
signal line is -33
1/1/19; Begin
2019 Data Set = -36; signal line is -32; go short 2507; (Benchmark SPX
for 2019 = 0%)(Keybot algo this trade = 0%; Keybot algo for 2019 = 0%)(Actual
results this trade = 0%; Actual results for 2019 = 0%)
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