Thursday, April 18, 2013

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. The algo printed a number after the opening bell today. The financials moved into the bear camp, XLF fell under 17.95, creating broad market weakness. The SPX dropped through 1544 and is now attacking 1540 support where price will either bounce or die. The bears remain in control.

4/21/13; 7:00 PM EST =
4/18/13; 9:51 AM EST = +0; signal line is +33
4/17/13; 1:38 PM EST = +16; signal line is +34
Posted by Keybot the Quant™ at 4/18/2013 02:43:00 PM

2 comments:

  1. verdo4/18/2013 09:39:00 PM

    I found your blog and am interested in following it. I read your page "How Keybot the Quant" Works, but did not understand what the signals mean. what does the signal and signal line mean?

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  2. Keybot the Quant™4/19/2013 07:25:00 AM

    The first number on each line with the time stamp is the algo number, on this message, +0, the second number is the signal line, now at +33. In general, if the algo number is under the signal line, the markets are bearish and Keybot is short. Conversely, if the algo number is higher than the signal line, Keybot is long and bullish. Right now, the model is bearish since zero is less than 33. There are other programming rules that must trigger for the algo to flip sides, but in general, simply following the two numbers will give you a great gauge of the markets.

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