Keybot remains short. The algo is very calm this week and has yet to print one number since Sunday. A pre-scheduled number prints tomorrow morning. The quant remains in the bear camp. The critical number to watch is the SPX 12-month MA at 1293.70 which will turn markets considerably more negative. Volatility is high creating the wild market moves in recent days. This behavior will continue. For the SPX today starting at 1319, the bulls need to touch 1321 to accelerate the upside party. The bears need to push under 1297 to accelerate the downside. A move thru 1298-1319 is sideways action.
5/27/12; 7:00 PM EST =
5/25/12; 10:00 AM EST =
5/20/12; 7:00 PM EST = -30 signal line -3
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