STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. Chips explode higher at the opening bell on Tuesday so the bulls slap the bears in the face. Slap, slap. After the pre-scheduled number prints, the algo number is 22 points above the signal line so the bulls are cruising but SOX falls on its sword heading lower. Watch SOX 1359 (now at 1365). Bulls need SOX to stay above 1359 while bears want the semiconductors to fail to create stock market downside. For now, the caution flag remains out.

8/5/18; 7:00 PM EST =

8/3/18; 9:00 AM EST =

7/31/18; 7:00 PM EST EOM =

7/31/18; 10:00 AM EST = +84; signal line is +62

7/31/18; 9:36 AM EST = +84; signal line is +61

7/30/18; 3:59 PM EST = +68; signal line is +60