Sunday, January 1, 2017

SPX S&P 500 Daily Chart Displays 2016 Keybot the Quant Algorithm Turns

The S&P 500 chart shows the 26 direction changes in 2016 performed by the Keybot the Quant robot. The model flipped sides almost twice as many times as 2015 indicating a far choppier market back then. 2016 was straight forward. Stocks were collapsing to begin the year but the Fed and other central bankers stepped in from February forward to pump equities higher into the end of the year. Keybot is short the market to begin 2017. What type of year lays ahead?

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