Friday, July 29, 2016


Keybot the Quant remains long as the uneventful week (for the algorithm) continues. The odd behavior is ongoing for the last couple weeks with markets idling sideways unwilling to break either way. Keybot has not printed any numbers this week except the pre-scheduled numbers. The bulls remain in control with the algo number five points above the signal line.

Bulls continue to need to drive commodities, GTX, above 2284 but it keeps leaking lower. Bears need to drive copper, JJC, below 24.87 but it remains buoyant well above 25. Bears would also benefit with VIX above 15.00 but volatility sits at 12.10 with traders remaining fearless. The beat goes on.

7/31/16; 7:00 PM EST EOM =
7/29/16; 10:00 AM EST = +79; signal line is +74
7/26/16; 10:00 AM EST = +81; signal line is +74
7/24/16; 7:00 PM EST = +82; signal line is +74

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