Keybot the Quant flips to the short side on Monday morning at SPX 2730. The banks are running the show currently and retail stocks are also important. The algo's bull-bear line in the sand for XLF is 28.73 and as often is the case, price gravitated towards what Keybot predicts ahead of time and sure enough...... wait for it..... wait a little longer .... price is sitting exactly at 28.73. Obviously, as the banks go, so go the markets. XLF should dictate the direction of the broad stock market in the Wednesday trade.
Market bulls need XLF above 28.73 and that will stop the downside in the stock market. The bulls will then need RTH above 95.80 (now at 95.18) to guarantee a strong move up for equities. Bears need to push XLF under 28.73 and stocks will fall apart to the downside.
If RTH moves above 95.80, and the SPX above 2724, Keybot will likely flip long. Watch the price action around XLF 28.73 and if price jogs above and below this key level a few times that hints that the bulls may be gathering strength to move stocks higher (they will try to flip the model to the bull side without the help of retail stocks). The bears need XLF under 28.73 pronto and for it to keep dropping.
On the last trade, the algo program gains +1.9%. The actual trading gains +2.7% up +4.9% on the year thus far. Keybot exits SSO and enters SDS remaining in the 2x ETF's. The benchmark S&P 500 is up +2.1% this year. The beat goes on.
3/25/18;
7:00 PM EST =
3/20/18; 2:34 PM EST =
+22; signal line is +24
3/20/18; 2:03 PM EST =
+6; signal line is +24
3/20/18; 10:34 AM EST =
+22; signal line is +25
3/20/18; 10:12 AM EST =
+6; signal line is +25
3/20/18; 9:44 AM EST =
+22; signal line is +27
3/19/18; 11:38 AM EST =
+6; signal line is +28
3/19/18; 10:12
AM EST = +22; signal line is +29; go short 2730; (Benchmark SPX for 2018
= +2.1%)(Keybot algo this trade = +1.9%; Keybot algo for 2018 = +1.7%)(Actual
results this trade = +2.7%; Actual results for 2018 = +4.9%)
3/19/18; 9:46 AM EST = +22;
signal line is +31 but algorithm remains long
3/18/18; 7:00 PM EST = +38;
signal line is +32
3/16/18; 10:00 AM EST =
+38; signal line is +32
3/16/18; 9:00 AM EST = +38;
signal line is +32
3/15/18; 2:26 PM EST = +38;
signal line is +33
3/15/18; 2:16 PM EST = +22;
signal line is +33 but algorithm remains long
3/14/18; 11:16 AM EST =
+38; signal line is +33
3/14/18; 9:36 AM EST = +54;
signal line is +32
3/11/18; 7:00 PM EST = +38;
signal line is +31
3/9/18; 9:36 AM EST = +38;
signal line is +29
3/9/18; 9:00 AM EST = +22;
signal line is +28 but algorithm remains long
3/8/18; 11:39 AM EST = +22;
signal line is +27 but algorithm remains long
3/5/18; 11:25 AM EST = +38;
signal line is +25
3/5/18; 10:42 AM EST = +22;
signal line is +24 but algorithm remains long
3/5/18; 9:52 AM EST = +6;
signal line is +22 but algorithm remains long
3/4/18; 7:00 PM EST = +22;
signal line is +22 but algorithm remains long
3/2/18; 3:31 PM EST = +22;
signal line is +20
3/2/18; 1:15 PM EST = +6;
signal line is +18 but algorithm remains long
3/2/18; 11:55 AM EST =
+22; signal line is +17
3/2/18; 10:00 AM EST =
+6; signal line is +15 but algorithm remains long
3/2/18; 9:36 AM EST = +6;
signal line is +14 but algorithm remains long
3/1/18; 1:06 PM EST = +22;
signal line is +12
2/28/18; 7:00 PM EST EOM
= +38; signal line is +11
2/27/18; 10:00 AM EST =
+38; signal line is +10
2/27/18; 9:36 AM EST =
+38; signal line is +10
2/25/18; 7:00 PM EST = +54;
signal line is +8
2/18/18; 7:00 PM EST = +54;
signal line is +7
2/16/18; 10:00 AM EST =
+54; signal line is +6
2/16/18; 9:00 AM EST = +54;
signal line is +4
2/15/18;
11:17 AM EST = +54; signal line is +3
2/15/18;
10:49 AM EST = +38; signal line is +2
2/14/18;
2:06 PM EST = +54; signal line is 0
2/14/18; 11:46 AM EST = +38; signal line is -1
2/14/18; 11:43
AM EST = +24; signal line is -2; go long 2679; (Benchmark SPX for 2018 =
+0.2%)(Keybot algo this trade = -0.2%; Keybot algo for 2018 = -0.2%)(Actual
results this trade = +2.2%; Actual results for 2018 = +2.2%)
