Keybot the Quant remains long. The sideways chop suey continues. The quant did not print any numbers last week except for the pre-scheduled number. The internal parameters will not yet fully latch so Keybot the Quant remains long. Something has to give in the days ahead.
Bulls need stronger utilities and commodities to push stocks higher. Bears need weaker utilities, retail stocks and copper, and higher volatility, to push stocks lower.
SPX 4016 is a bull/bear line in the sand that spells serious trouble ahead if it fails. The week begins on Tuesday at 4079.
Keybot the Quant is champing at the bit to go short and probably will if the SPX moves lower gradually and takes out 4048 on Tuesday.
US markets are closed Monday for Presidents Day. Keybot prints one pre-scheduled number this week on Friday morning, Flag Day.
2/26/23;
7:00 PM EST =
2/24/23;
10:00 AM EST =
2/19/23;
7:00 PM EST = +45; signal line is +45 but algorithm remains long
2/16/23;
9:00 AM EST = +45; signal line is +45 but algorithm remains long
2/12/23;
7:00 PM EST = +45; signal line is +45 but algorithm remains long
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