Keybot the Quant remains short as the market circus plays on. The bears are comfortable with the algo number 29 points below the signal line. The key bull/bear battle is at NYA 15060. Remember all the talk about the negativity the utes would create? It's here.
Copper and the semiconductors are the only two major areas holding the stock market up so watch for weakness here. Stocks will recover and rally if NYA can move above 15060, stay above, and trend higher.
3/12/23; 7:00 PM EST =
3/10/23; 12:01 PM EST =
-45; signal line is -16
3/10/23; 10:59 AM EST =
-31; signal line is -14
3/10/23; 10:21 AM EST =
-45; signal line is -12
3/10/23; 10:07 AM EST =
-31; signal line is -10
3/10/23;
9:45 AM EST = -45; signal line is -9
3/10/23; 9:00 AM EST = -31; signal line is -8
3/9/23;
3:59 PM EST = -31; signal line is -7
3/9/23;
3:15 PM EST = -47; signal line is -7
3/9/23;
2:55 PM EST = -31; signal line is -6
3/9/23;
1:52 PM EST = -17; signal line is -6
3/8/23; 9:38 AM EST = -3; signal line is -5 but
algorithm remains short
3/7/23; 10:03 AM EST = -19; signal line is -6; go short 4024;
(Benchmark SPX for 2023 = +4.8%)(Keybot algo this trade = +1.2%; Keybot algo
for 2023 = +0.3%)(Actual results this trade = +1.7%; Actual results for 2023 = +0.1%)
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