Keystone's proprietary trading algorithm, Keybot the Quant, flips to the bull side shortly after this morning's opening bell at SPX 2056. As always, stay alert for a potential whipsaw back to the short side in these choppy, saw tooth, sideways markets. Watch GTX 2146, NYA 10120 and XLF 22.14 to determine broad market direction. All three flipped bullish this morning and prices remain above these key levels identified by Keybot. Bears can only stop the stock market upside by moving one of the three parameters into the bear camp. GTX is leaking lower down to 2152. More information is found at Keybot's site;
Keybot the Quant
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