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

Keyot the Quant remains long but wants to flip short. The algo did not print any numbers on Tuesday. The SPX came down to 2740 as the model called out ahead of time and price bounced. The bears could not create failure. Hump day is set up the same. The bears need SPX under the 2738-2740 area and Keybot will likely flip short The S&P 500 begins at 2749.

The bulls need XLF above 27.82 but the banks are subdued and not yet moving higher to provide strength to the stock market. If XLF moves above 27.82, it would be a wild stock market orgy party with traders throwing confetti and drinking liquor. If banks turn bullish, the major stock indexes will be catapulting strongly higher to new all-time record highs.

Bears need to move the SPX below 2740 pronto and then move GTX under 2688 and NYA under 12607 to create additional downside bear fuel and verify the down direction.

6/10/18; 7:00 PM EST =

6/4/18; 10:14 AM EST = +52; signal line is +56 but algorithm remains long