STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long and has not printed any numbers this week thus far. The algo remains at the epic +100 level. Copper remains the key. If CPER falls below 18.07, now at 18.27, and if the SPX drops below 2926 (beginning the day at 2927), Keybot will likely flip short.

Bears need copper to fall -1.1%. Copper futures are trading down -0.5% giving up yesterday's gains. So the bears can create market weakness if they send copper another one-half percent lower intraday. Copper is falling off a cliff beginning at 4 AM EST now down -0.8%. Whoa, check that. Copper now down -1.0%. If CPER slips bearish when the regular Thursday trading session begins, consider the imminent turn to the short side to be in play. Since copper only has to fall a touch more, and the SPX only needs to drop one point, the stock market bears have a chance to turn the tables on the bulls today. Will they?

4/26/19; 10:00 AM EST =

4/21/19; 7:00 PM EST = +100; signal line is +89