STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains bearish as the bears spank the bulls to begin the new week of trading. Utilities failed. UTIL slips below the critical 733.60 bull-bear line in the sand creating and verifying today's stock market negativity. The bears are cruising along with the algo number 29 points below the signal line. The bulls are begging for mercy but they never showed the bears mercy during the near-one-decade central banker induced stock market rally.

If UTIL moves above 733.60, the stock market selling will stop and prices will stabilize sideways. Bulls still need higher copper; CPER above 17.33.

Bears need UTIL to remain below 733.60 and the stock market mayhem and carnage will continue going forward. If UTIL 709 fails, there is a high probability the stock market will crash. Thus, watch utes and copper the two most important parameters in the stock market currently.

12/21/18; 10:00 AM EST =

12/18/18; 9:00 AM EST =

12/17/18; 3:29 PM EST = -36; signal line is -7

12/16/18; 7:00 PM EST = -20; signal line is -6