STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The same dead horse requires daily beatings; stocks keep floating higher. The bulls have the algorithm pegged at the maximum +100 reading. It is interesting to see investors and traders with a laissez-faire attitude when this is epic and historic market action occurring right in front of everyone's eyes.

The central bankers promising easy money forever this year has sent all parameters comprising the algo to the moon. Copper remains the key. Keybot identifies CPER 18.05 as the key bull-bear line in the sand. Price came down to.... wait for it.... wait a bit longer for it ..... 18.05. Copper then bounced and CPER begins today at 18.16 only 11 pennies away (0.6%). Copper futures are up +0.5% currently as this message is typed 2-1/2 hours before the opening bell for the Wednesday regular session. So copper needs to drop about -1% off its current intraday level to create stock market trouble.

If CPER drops below 18.05, and if the SPX drops below 2909 trending lower, Keybot will likely flip to the short side. If CPER turns bearish, consider the imminent turn to the short side to be at hand. Until then, enjoy the historic price action in markets. It will probably be written about for decades to come.

4/28/19; 7:00 PM EST =

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

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