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

Keybot the Quant remains short but continues champing at the bit to go long. The algo did not print any numbers in the Monday session. For Tuesday, Keybot will likely flip long if the SPX moves above 2779. Price will begin the day at 2756. 

The bears need either CPER to drop below 17.40, GTX below 2770 and/or SPX 2747. Any one of these three failing into bear territory will create a strong leg lower in the stock market. The sub 2747 is the Armageddon outcome. Price came down to 2749 today and bounced. If all three parameters remain bullish, the stock market will likely rally higher.

So the bulls need SPX 2779 and it will be one big upside party while the bears need SPX 2747 or weaker copper and commodities.

10/26/18; 10:00 AM EST =

10/21/18; 7:00 PM EST = +24; signal line is +19 but algorithm remains short