Wednesday, November 19, 2014


Keybot the Quant remains long but is champing at the bit to go short. The algo number is below the signal line so the algo wants to go short but internal programming rules are not yet latched to permit the flip to the short side. VIX is above 14.37 which creates the market weakness today. Bears need the SPX to print below 2040.37 and hold it completely under here for at least five or more minutes for Keybot to flip short. This target number may ratchet further down as the day proceeds if the moves lower keep resulting in the model not flipping short.

For now, bears are very close to taking control but they need the SPX to drop a little bit further. The market bulls need to push VIX below 14.37 to create stock market upside and negate the threat of Keybot flipping short. The SPX is drifting higher off the intraday lows now printing 2043.28 and VIX is 14.67.

11/23/14; 7:00 PM EST =
11/19/14; 10:10 AM EST = +47; signal line is +49 but algorithm remains long
11/19/14; 9:00 AM EST = +61; signal line is +48
11/17/14; 12:13 PM EST = +61; signal line is +47

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