Keybot the Quant™ is a statistical arbitrage algorithm; a stock market timing model that oscillates from long to short, bullish to bearish, respectively, and back again, using the SPX (S&P 500) as the benchmark index. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any content on this blog. Read Terms of Service. VIEW THIS SITE IN GOOGLE CHROME BROWSER. DISABLE YOUR ADBLOCK SOFTWARE.
Thursday, September 22, 2011
SPX Daily Chart Showing Keybot the Quant Algorithm Turns
Keybot is back on the short side as of today's option but watch out for any potential whipsaw today or tomorrow. The chart shows the recent turns. Utilities are key as the session plays out. Watch UTIL 423.83, if that holds, bulls should be able to moderate the selling and return some steadiness to the markets. If 423.83 fails, the broad markets will take the next leg lower. Current UTIL print is 425.45.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.