Keybot the Quant is short but the robot is champing at the bit to go long with the algo number 9 points above the signal line. Keybot the Quant will likely flip long if the bulls can push the SPX above 7169, that is only a 4 point gain from the closing price at 7165.
To maintain control of stocks, the bears must push the VIX above 19.74. Higher volatility will open the door to market negativity. If the VIX remains below 19.74, the bears have no hope.
Keybot the Quant prints three prescheduled numbers this week and April ends on Thursday with May trading underway on Friday.
The bulls have it on a silver platter if they want it. The Iran War talks break down and a nutcase fired a gun at a Washington, DC, gala that President Trump attended so there may be some angst in markets to begin the week. Look for news or announcements this afternoon before the futures begin trading at 6 PM EST.
5/3/26;
7:00 PM EST =
4/30/26;
7:00 PM EST EOM =
4/29/26;
9:00 AM EST =
4/28/26;
10:00 AM EST =
4/26/26;
7:00 PM EST = +68; signal line is +59 but algorithm remains short
4/24/26;
10:00 AM EST = +68; signal line is +58 but algorithm remains short
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.