Thursday, August 4, 2016


Keybot the Quant is long going into the Friday session. The algo wnts to flip short with the algo number under the signal line but cannot yet latch all parameters to allow the move. If the SPX drops under 2159 on Friday, Keybot will likely flip short, hence the imminent turn notation in the title line. If copper, JJC, moves above 24.92, all bets are off for bears and the bulls will begin rallying the stock market higher again. Watch copper trading overnight since stocks will likely move in the same direction.

For the SPX starting at 2164, the bulls need to push above 2168 to accelerate stocks higher. The bears need to push below 2159 to accelerate the downside. A move through 2160-2167 is sideways action. Bears win big if SPX drops under 2159. Bulls win big if JJC moves above 24.92. Keybot prints a pre-scheduled number before the opening bell in the morning.

8/5/16; 9:00 AM EST =
8/4/16; 12:25 PM EST = +63; signal line is +76 but algorithm remains long
8/4/16; 12:01 PM EST = +79; signal line is +75
8/4/16; 9:36 AM EST = +63; signal line is +75 but algorithm remains long

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