STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is on the long side but the bulls and bears continue to battle for stock market control. The bulls need stronger chips and NYA Index to prove that up is the direction forward for equities; watch SOX 1359 and NYA 12668 as the lines in the sand, respectively.

The market bears need higher volatility and lower commodities; watch VIX 15.87 and GTX 2716 as the lines in the sand, respectively.

One of the above four parameters will flinch and immediately tell you the direction forward for stocks. The NYA is at 12665 only 3 points under the 12668 level identified by Keybot creating market negativity. Watch the NYA like a hawk especially out of the gate on Monday.

If NYA moves above 12668, the bulls will win and the bears will lose. If NYA turns bullish, stocks will pop higher and the bulls will focus on SOX 1359 which will catapult equities to new record highs if it is taken out.

If the NYA remains below 12668, the bears are firmly in the game and will focus on hiking volatility and pounding commodities. If the VIX pops above 15.87 consider that the imminent turn to the downside is in play for the algorithm. Keybot prints one pre-scheduled number this week on Friday the 13th's morning. The beat goes on.

7/15/18; 7:00 PM EST =

7/13/18; 10:00 AM EST =

7/8/18; 7:00 PM EST = +38; signal line is +28

7/6/18; 3:47 PM EST = +38; signal line is +27