Keybot the Quant remains short through the weekend. The broad indexes stumble sideways for a few days with wild upside and downside whipsaw moves occurring intraday. The algo keeps moving into position to flip to the bullish side but the program is not able to latch the required parameters to create the flip to the long side. Markets remain a coin-flip. Volatility continues to play the key role currently in determining market direction. Commodities are also important. The algo appears fixated on VIX 14.28 and GTX 4862 but these numbers can be fine-tuned once the Sunday pre-scheduled number prints tomorrow. The bulls will likely need almost 20 SPX handles to flip to the long side on Monday so the imminent turn status is removed, for now. The beat goes on.
3/23/14;
7:00 PM EST =
3/21/14; 1:28 PM EST
= +48; signal line is +54
3/21/14; 10:54 AM EST
= +62; signal line is +53 but algorithm remains short
3/21/14; 10:13 AM EST
= +48; signal line is +52
3/21/14; 9:36 AM EST
= +62; signal line is +52 but algorithm remains short
3/19/14;
2:44 PM EST = +48; signal line is +52
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