Keybot the Quant is long heading into the new trading week. The Sunday number results in no change. As mentioned in the previous post, UTIL 481.36 is extremely important all this week. Since the utilities begin the week on the bear side of this number, the markets will experience negativity. If the SPX drops under 1457 and this holds under for about seven to ten minutes, Keybot will likely flip short. There are other internal programming rules that the quant must satisfy but, for the most part, if 1457 fails, the bulls are in big trouble. The bulls need to push the SPX above 1471 and an upside acceleration will occur. A move thru 1458-1469 is sideways action. If UTIL moves above 481.36 after the opening bell, the market bulls will rule. Stay alert. The first half hour of trading is important for tomorrow and the algo should be active from the start. A turn to the short side may be imminent for Keybot, UTIL 481.36 and SPX 1457 will tell you the answer on Monday morning. Keybot prints only one pre-scheduled number this week on Friday Morning.
10/14/12; 7:00 PM EST =
10/12/12; 10:00 AM EST =
10/7/12; 7:00 PM EST = +60; signal line is +59
10/5/12; 9:00 AM EST = +60; signal line is +59
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