Thursday, January 12, 2017


Keybot the Quant remains long and has not printed any numbers as yet in the Thursday session. The algo came close to flipping short on Wednesday afternoon but all of the internal parameters would not latch. The bulls remain in control with the algo number only 2 points above the signal line. Keep flipping that coin as the bulls and bears battle.

Bulls need UTIL above 662.50 to prove they have the beans to take stocks higher. Bears need RTH under 76.56 to prove they have the juice to take stocks lower. Bulls cheer for higher utilities while bears root for lower retail stocks. The UTIL failing at 662.50 the other day is very important and spells big trouble for stocks in the weeks and months ahead as long as it stays under this level.

If RTH drops under 76.56, and the SPX drops under 2254, Keybot will likely flip short. The beat goes on.

1/15/17; 7:00 PM EST =
1/13/17; 10:00 AM EST =
1/11/17; 2:31 PM EST = +68; signal line is +66
1/11/17; 12:07 PM EST = +52; signal line is +66 but algorithm remains long
1/9/17; 9:41 AM EST = +68; signal line is +67

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