STOCK MARKET BULLISH -- LONG

Keybot the Quant remains on the long side with the algorithm pegged at the historic and epic maximum +100 level. Copper exploded +10% higher last week sending stocks to new all-time record highs. The Dow Jones Industrials, INDU or DJI, overtake the January record highs. It is remarkable to see a +100 print since once stocks eventually roll over, another +100 may not appear for many years.

The bulls are in control. Market bears will need weaker copper (JJCTF below 30.16) and higher volatility (VIX above 13.00) to create negativity.  Weaker chips (SOX below 1369) and weaker utilities (UTIL under 711.23) will also create stock market negativity. If any of the four parameters turn bearish, consider the caution flag out. If two turn bearish, consider the imminent turn to the downside to be in play and if the SPX is below 2927 and dropping, Keybot may flip short.

Keybot prints two prescheduled numbers this week one on Tuesday morning the other Friday morning. The last day of trading for September is Friday (EOM and EOQ3).

9/30/18; 7:00 PM EST EOM EOQ3 =

9/28/18; 10:00 AM EST =

9/25/18; 10:00 AM EST =

9/23/18; 7:00 PM EST = +100; signal line is +76

9/20/18; 11:41 AM EST = +100; signal line is +75