STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the market drama continues. The Powell Rally sends equities higher in the Tuesday session. The stock market upside is fueled by banks and chips this week.

Bulls need higher commodities and copper to extend the upside move in the stock market. GTX above 2718 would confirm lots more upside ahead for stocks.

Bears need XLF under 27.23, SOX under 1354 and/or NYA under 12666. Any one of these three will stop the move higher in the stock market. Two of the three are likely needed to flip Keybot to the short side. Also, if one parameter jumps into the bear camp and then oscillates a couple times above and below the number listed, then commits to the short side, that will indicate that a move to the short side is likely imminent for Keybot. Banks, chips and the NYA Index will tell the stock maket direction story for hump day. Keybot prints a pre-scheduled number before Wednesday's opening bell.

7/22/18; 7:00 PM EST =

7/18/18; 9:00 AM EST =

7/17/18; 3:28 PM EST = +70; signal line is +50
7/17/18; 3:02 PM EST = +54; signal line is +49
7/17/18; 2:15 PM EST = +70; signal line is +49
7/16/18; 11:12 AM EST = +54; signal line is +48
7/16/18; 10:54 AM EST = +38; signal line is +47 but algorithm remains long
7/16/18; 10:37 AM EST = +54; signal line is +47
7/15/18; 7:00 PM EST = +38; signal line is +47 but algorithm remains long