Monday, August 29, 2016


Keybot the Quant is short as the market roller coaster ride continues. The battle for market direction control is between retail stocks and commodities. Bulls win with GTX above 2272. Bears win with RTH under 79.53. If commodities remain in the bear camp and retail stocks in the bull camp, the stock market will stagger sideways with a slight upward bias. If GTX moves above 2272 and SPX above 2188, Keybot will likely flip long. If commodities turn bullish, consider the imminent turn, a potential whipsaw move back to the long side, to be in play.

8/30/16; 10:00 AM EST = 
8/29/16; 11:24 AM EST = +64; signal line is +75
8/29/16; 10:54 AM EST = +48; signal line is +75
8/29/16; 9:36 AM EST = +64; signal line is +76
8/28/16; 7:00 PM EST = +62; signal line is +76

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.