Thursday, March 28, 2019

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long. The algo is quietly idling along and did not print any numbers in the Wednesday session. The banks and copper battle sending the broad stock market to and fro. Led Zeppelin sings that "the song remains the same."  XLF is at 25.42 creating negativity below the bull-bear line in the sand at 25.81.

CPER is at 17.90 creating positivity above the bull-bear line in the sand at 17.78. One of these two will flinch and identify the stock market direction ahead. Copper futures are up +0.6% three hours before the regular Thursday US trading session begins.

If CPER drops below 17.78, and the SPX drops below 2787, Keybot will likely flip short. Markets appear erratic and unstable. Banks and copper are key.

3/31/19; 7:00 PM EST EOM EOQ1 =
3/29/19; 10:00 AM EST =
3/26/19; 10:00 AM EST = +84; signal line is +73

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