Keybot the Quant remains short as the new week of trading is underway. The algo prints two numbers to begin the week. UTIL remains weak and wants to send markets lower, however, the bulls keep their thumbs on volatility, not allowing the VIX to move above 14.12. The downside trouble will be confirmed with VIX 14.12, otherwise, the bulls can stage a come back. The algo is now tracking RTH 59.90 as a bull-bear line in the sand in addition to utes, volatility and copper. Bears need higher volatility. Bulls need higher utilities.
1/10/14;
9:00 AM EST =
1/6/14; 10:51 AM EST
= +33; signal line is +43
1/6/14; 10:18 AM EST
= +49; signal line is +43 but algorithm remains short
1/5/14;
7:00 PM EST = +33; signal line is +41
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