Keybot the Quant remains long as the wild market action continues. The bears push financials lower and volatility higher creating market weakness but then folded like a cheap suit. XLF is above 21.43 (now at 21.49). VIX is below 13.93 (now at 13.90). Thus, both parameters are in the bull camp creating upside market lift. The SPX tested the important 1851-1853 and failed on the first attempt. The bulls keep trucking along. Bears need help from financials or volatility.
2/28/14;
10:00 AM EST =
2/26/14; 10:43 AM EST
= +62; signal line is +42
2/26/14; 10:07 AM EST
= +48; signal line is +41
2/26/14; 9:58 AM EST
= +32; signal line is +41 but algorithm remains long
2/26/14; 9:40 AM EST
= +48; signal line is +41
2/25/14;
3:59 PM EST = +62; signal line is +40
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