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

Keybot the Quant remains short as the bulls create a strong upside thrust. Utilities run higher creating bull fuel. Copper remains elevated and retail stocks catch a bid. The algo number is only 1 point from the signal line, in bear territory, so it is near where it will want to flip long but it did not flip long for the big rally today. Keybot only sees 1's and 0's and is not ready to flip long as yet.

The bears need weaker utilities and copper to prove they can jam stocks lower again. Bears need UTIL under 729.37 and/or CPER under 17.40.

The bulls need stronger retail stocks; this will paint the way higher. Bulls need RTH above 107.81 and the equity rally will develop strong legs higher.

Keybot prints a pre-scheduled number tomorrow morning. The bulls and bears are battling. If RTH moves above 107.81, and the SPX moves above 2813, Keybot will likely flip long.

10/17/18; 9:00 AM EST =

10/16/18; 10:13 AM EST = +24; signal line is +25

10/15/18; 3:08 PM EST = +8; signal line is +26