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

Keybot the Quant is long but champing at the bit to go short. The algo wants to flip short with the algo number 14 points below the signal line but the internal parameters will not yet fully latch to permit the move to the short side. US trading resumes tomorrow (Tuesday morning). If the SPX drops below 2715, Keybot will likely flip short, hence the imminent turn notation in the title line. S&P futures are +4 as this message is typed on Monday evening.

Bulls will nullify the bear's attack if either XLF moves above 27.88 and/or if JJCTF moves above 34.75. Either one will place the bulls back in business sendig stocks higher. Both turning bullish will create a new rally in stocks.

Bears need banks and copper to remain in the bear camp while creating weaker utilities and a lower NYA Index. Bears need UTIL under 681.12 and/or NYA under 12569. If one parameter turns bearish, the downside is guaranteed and stocks will begin falling apart. If both flip into the bear camp, the stock market will be selling off in force.

So bulls need higher banks and copper and bears need lower utilities and NYA Index. Since XLF begins at 27.85, only 3 pennies on the bear side, the banks carry the most clout. As the banks go, so goes the stock market.

Keybot prints a pre-scheduled number tomorrow at 10 AM, another on Thursday evening and then another on Friday morning. The month of May ends on Thursday (EOM). The bears have the stock market on a silver platter if they want it. Watch the banks and copper overnight.

6/3/18; 7:00 PM EST =

6/1/18; 9:00 AM EST =

5/31/18; 10:00 AM EST EOM =

5/29/18; 10:00 AM EST =

5/27/18; 7:00 PM EST = +52; signal line is +66 but algorithm remains long

5/25/18; 10:00 AM EST = +52; signal line is +66 but algorithm remains long

5/25/18; 9:36 AM EST = +52; signal line is +66 but algorithm remains long

5/24/18; 3:06 PM EST = +68; signal line is +66

5/24/18; 2:32 PM EST = +84; signal line is +64

5/24/18; 12:19 PM EST = +68; signal line is +62

5/24/18; 10:23 AM EST = +52; signal line is +61 but algorithm remains long

5/24/18; 10:08 AM EST = +68; signal line is +60

5/24/18; 10:01 AM EST = +52; signal line is +58 but algorithm remains long

5/23/18; 9:36 AM EST = +68; signal line is +57

5/21/18; 1:52 PM EST = +84; signal line is +54

5/21/18; 1:37 PM EST = +68; signal line is +51

5/21/18; 12:53 PM EST = +84; signal line is +51
5/21/18; 9:44 AM EST = +68; signal line is +49

5/21/18; 9:36 AM EST = +84; signal line is +47
5/20/18; 7:00 PM EST = +52; signal line is +44
5/16/18; 9:00 AM EST = +52; signal line is +43
5/15/18; 9:36 AM EST = +52; signal line is +43