STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains short but is champing at the bit to go long. The bulls and bears are in a tug-o-war struggle for stock market directional control as evidenced by the algo number 1 point above the signal line. Keybot wants to go long but the internal parameters are not yet fully latched to permit the move.

To keep things simple and give you something to follow, if the SPX moves above 2887 on Tuesday, Keybot will likely flip long. The bulls are creating the strength in the stock market with stronger commodities and chips. Bulls will be throwing confetti and driving the market higher if they can push the VIX below 13.19 (now at 14.16).

The bears need to push SOX under 1366.55 (now at 1375.74) and/or GTX under 2710 (now at 2716.50) to create stock market negativity. Thus, the bulls need SPX above 2887 and lower volatility. Bears need weaker chips and commodities.

9/16/18; 7:00 PM EST =

9/14/18; 10:00 AM EST =

9/10/18; 10:38 AM EST = +70; signal line is +69 but algorithm remains short

9/10/18; 10:09 AM EST = +54; signal line is +69

9/10/18; 9:40 AM EST = +70; signal line is +70 but algorithm remains short

9/10/18; 9:36 AM EST = +54; signal line is +71

9/9/18; 7:00 PM EST = +40; signal line is +71