The algorithm is back at the epic +100 maximum reading. Few realize the importance of this historic price action. As always, stay alert for a whipsaw move back to the short side (if copper and commodities weaken).
On the last trade, which lasted only 12 trading hours for the bears, the Keybot algo program loses a half-percent and the actual trading loses a percent. The robot remains in the double ETF's but if the whipsaw would have occurred about 90 minutes sooner, Keybot likely would have dropped down into the single ETF's. Keybot exits SDS and enters SSO. On the year, the benchmark S&P 500, which is the broad stock market, is up more than +17%. The bulls are joyous and euphorically happy. The Keybot the Quant algo program is up +10% on the year and the actual trading is up over +19% outperforming the SPX. Copper remains the key.
4/28/19;
7:00 PM EST =
4/26/19; 3:04
PM EST = +100; signal line is +91; go long 2935; (Benchmark SPX for 2019
= +17.1%)(Keybot algorithm program this trade = -0.5%; Keybot algo for 2019 = +10.1%)(Actual
results this trade = -1.0%; Actual trading results for 2019 = +19.4%)
4/26/19; 10:31 AM EST =
+100; signal line is +90 but algorithm remains short
4/26/19; 10:00 AM EST =
+84; signal line is +90
4/25/19; 9:36
AM EST = +84; signal line is +89; go short 2920; (Benchmark SPX for 2019
= +16.5%)(Keybot algorithm program this trade = +5.4%; Keybot algo for 2019 = +10.6%)(Actual
results this trade = +10.6%; Actual trading results for 2019 = +20.4%)
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