Thursday, September 8, 2011

SPX Daily Chart Showing Keybot the Quant Algorithm Turns

The algo whipsawed today, first time in three months, going long at SPX 1200 at 10:33 AM EST only to flip back to the short side at SPX 1186 at 2:28 PM EST, after Chairman Bernanke's talk drove the markets south. Stay on guard for a potential whipsaw again tomorrow depending on how President Obama's speech goes tonight.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.