2/24/13;
7:00 PM EST =
2/21/13; 12:22 PM EST
= +47; signal line is +58 but algorithm says stay long
2/20/13;
9:00 AM EST = +63; signal line is +57
Thursday, February 21, 2013
STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT
Keybot the Quant is long but the algo wants to go short right now. The algo number slipped under the signal line but internal programming rules are holding the quant back from flipping short. There are several metrics that must fall into place but as a general rule, if the SPX drops under 1499.50 and stays under for about five minutes, that should finally create the trigger for the move to the short side. Stay tuned. A turn appears imminent, now only pennies away. Watch VIX 15.74 which will dictate market direction the remainder of the day.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.