Thursday, July 24, 2014


Keybot the Quant is long heading into the Friday session to end the week. The algo is simply idling along and not printing any numbers since Tuesday. The bulls are driving the bus. Bears need either VIX 12.95 and/or SOX 624.25 to develop sustainable market downside. If either of these turn bearish, and the SPX loses the 1986 level, Keybot will likely flip short. If both parameters remains bullish then stocks will float sideways to higher into the weekend.

For the SPX starting at 1988, at new all-time highs, the bulls need to push up through 1991, only three points higher, and price will be running towards 2000 in quick order. The bears need to push under 1986, only two points lower, to accelerate the downside. If the downside occurs, simply watch to see if VIX 12.95 or SOX 624.25 occurs, if so, markets will begin crumbling lower, if not, markets will recover.

7/27/14; 7:00 PM EST =
7/22/14; 9:35 AM EST = +66; signal line is +65; go long 1982; (Benchmark SPX for 2014 = +7.3%)(Keybot this trade = -1.0%; Keybot for 2014 = +5.3%)(Actual this trade = -1.9%; Actual for 2014 = +6.0%)

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