Keybot the Quant remains short moving into the Wednesday session. The algo was active on Tuesday printing four numbers and potentially flipping Keybot long but the bulls did not have enough juice. The markets prefer to leak lower but four parameters may create market lift in order of importance; JJC 37.48; SPX 1894.50; RTH 62.13 and XLF 23.02. Any of these four will create bullishness. If 2 of the 4 turn bullish, and the SPX moves above 1899, Keybot will likely go long. JJC is copper so the direction of copper overnight will provide a heads-up on the path ahead.
For the SPX starting at 1878, the bears need to push under 1872 and a downside acceleration will occur. The bulls need to push above 1899 to accelerate the upside. A move through 1873-1898 is sideways action.
For the SPX starting at 1878, the bears need to push under 1872 and a downside acceleration will occur. The bulls need to push above 1899 to accelerate the upside. A move through 1873-1898 is sideways action.
10/17/14;
10:00 AM EST =
10/17/14;
9:00 AM EST =
10/14/14; 12:56 PM
EST = -37; signal line is -12
10/14/14; 12:24 PM
EST = -21; signal line is -11
10/14/14; 12:22 PM
EST = -7; signal line is -11 but algorithm remains short
10/14/14; 11:48 AM
EST = -23; signal line is -11
10/13/14;
3:24 PM EST = -37; signal line is -12
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