STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long but the bears keep chomping away trying to create weakness. The algo has been idling in recent days as the stock market continues printing record highs but yesterday goes crazy printing off 11 numbers. The algo wanted to go short but all the internal parameters would not latch to allow the move so Keybot remains on the long side.

Chips, copper and volatility are most impacting stock market direction currently. Market bears need the VIX above 10.66, SOX below 1257 and JJC to remain below 35.07. The market bulls need the VIX to remain below 10.66 (trading at 10.40 as this message is typed), the SOX to remain above 1257 and JJC needs to move above 35.07. As the Thursday session begins, volatility is bullish, semiconductors are bullish and copper is bearish.

If either VIX moves above 10.66 and/or SOX below 1257 (now at 1265), either one would do, and the SPX drops below 2620, Keybot will likely flip short, hence the imminent turn notation in the title line. Today is EOM and it appears the bull's will log another up month for the stock market. Keybot prints a pre-scheduled number this evening.

Bulls are cheering for higher copper which will catapult stocks higher. Bears are hoping for weaker chips and higher volatility, otherwise, they got nothing.

12/3/17; 7:00 PM EST =

11/30/17; 7:00 PM EST EOM =

11/30/17; 3:06 AM EST = +84; signal line is +82

11/29/17; 3:59 PM EST = +70; signal line is +82 but algorithm remains long

11/29/17; 3:29 PM EST = +84; signal line is +82

11/29/17; 2:44 PM EST = +70; signal line is +82 but algorithm remains long

11/29/17; 2:16 PM EST = +84; signal line is +83

11/29/17; 1:42 PM EST = +70; signal line is +82 but algorithm remains long

11/29/17; 1:24 PM EST = +84; signal line is +83

11/29/17; 12:21 PM EST = +70; signal line is +83 but algorithm remains long

11/29/17; 12:09 PM EST = +54; signal line is +83 but algorithm remains long

11/29/17; 11:54 AM EST = +70; signal line is +85 but algorithm remains long

11/29/17; 9:36 AM EST = +84; signal line is +85 but algorithm remains long

11/28/17; 10:00 AM EST = +100; signal line is +86

11/26/17; 7:00 PM EST = +100; signal line is +86