STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short. The algo number is only 9 points below the signal line so caution is warranted. The most important number that dictates stock market direction going forward is SPX 2579 which was breached today; this is why the market is very sick. This is serious business.

If the SPX drops below 2579 (now at 2582) and stays under, the stock market will accelerate lower and a potential stock market crash is on the table. SPX 2579 determines the fate of the stock market in the days ahead. The bears will also benefit from weaker commodities with GTX under 2551 (now at 2567).

The market bulls need to push either NYA above 12432 (now at 12216) and/or JJC above 35.08 (now at 34.42). If either parameter turns bullish, consider the imminent turn to the long side to be firmly in play. Bulls need the NYSE Composite to rally tomorrow and for copper to trade higher.

Bears need SPX under 2579 and there will be carnage on trading floors. Tomorrow may be an epic day in the stock market. Keybot prints one pre-scheduled number this week on Friday morning. The beat goes on. 

4/8/18; 7:00 PM EST = 

4/6/18; 9:00 AM EST = 

4/2/18; 3:59 PM EST = -24; signal line is -15

4/2/18; 1:18 PM EST = -38; signal line is -14

4/2/18; 12:36 PM EST = -24; signal line is -12

4/2/18; 12:10 PM EST = -38; signal line is -11

4/2/18; 9:51 AM EST = -24; signal line is -9
4/1/18; 7:00 PM EST EOM EOQ1 = -10; signal line is -7

3/29/18; 12:34 PM EST = -10; signal line is -6

3/29/18; 12:08 PM EST = -24; signal line is -6

3/29/18; 11:53 AM EST = -10; signal line is -4

3/29/18; 11:35 AM EST = -24; signal line is -4

3/29/18; 10:58 AM EST = -10; signal line is -2

3/29/18; 10:00 AM EST = -24; signal line is -1
3/27/18; 3:00 PM EST = -24; signal line is +2