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

Keybot the Quant remains short but is champing at the bit to go long. The algorithm goes wild on Thursday and Friday spitting out 17 numbers. Keybot is in position to go long. The bulls create this joy in the final couple minutes of Friday trading, however, the internal parameters are not fully latched to permit the flip to the long side. If the S&P 500 slowly ramps higher on Monday morning, above 2744 and moving higher, Keybot will likely flip long (if all other parameters remain as is).

A gap-up move would not be helpful for the bulls; this will likely trigger a timer that will prevent a move to the long side for about 90 minutes. Bulls need a nice steady and slow lift higher in equities to flip the model long.

Bulls need a higher NYA Index and retail stocks to move the broad stock market higher. Bears need a weaker SPX Index, banks and commodities to continue the downward slide in the stock market. These 5 key parameters are impacting market direction currently.

SPX 2742.75 and NYA 12481 dictate whether the stock market is in a cyclical bull or bear market pattern going forward. The S&P 500 is at 2743.07 and the NYSE Composite is at 12415 signaling a cyclical bull and a cyclical bear, respectively. These two parameters will line out together in the same direction and either forecast joy for the intermediate term (weeks and months) ahead, or, doom and gloom. Keybot prints one pre-scheduled number this week on Friday morning. The beat goes on.

3/17/19; 7:00 PM EST =

3/15/19; 10:00 AM EST =

3/10/19; 7:00 PM EST = +70; signal line is +63 but algorithm remains short

3/8/19; 3:59 PM EST = +70; signal line is +64 but algorithm remains short

3/8/19; 3:58 PM EST = +56; signal line is +65

3/8/19; 3:04 PM EST = +40; signal line is +66

3/8/19; 2:56 PM EST = +56; signal line is +67

3/8/19; 2:34 PM EST = +40; signal line is +68

3/8/19; 9:36 AM EST = +26; signal line is +70

3/8/19; 9:00 AM EST = +70; signal line is +71

3/7/19; 3:39 PM EST = +58; signal line is +71

3/7/19; 3:23 PM EST = +42; signal line is +72

3/7/19; 3:03 PM EST = +28; signal line is +74

3/7/19; 2:37 PM EST = +42; signal line is +76

3/7/19; 1:12 PM EST = +58; signal line is +77

3/7/19; 1:00 PM EST = +72; signal line is +78

3/7/19; 10:33 AM EST = +58; signal line is +78

3/7/19; 9:55 AM EST = +42; signal line is +79

3/7/19; 9:45 AM EST = +58; signal line is +81

3/7/19; 9:41 AM EST = +74; signal line is +81

3/6/19; 10:42 AM EST = +88; signal line is +81 but algorithm remains short