Sunday, September 22, 2019

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the new week of trading is set to begin. Bulls need higher copper and bears need lower commodities and higher volatility. Bulls need CPER above 16.49 which would be a +1.5% rise. The 2.63 number is a key bull-bear line in the sand for copper. Bulls win going forward if they can turn copper bullish.

Bears need GTX below 2428 and/or VIX above 15.92. Either parameter turning bearish guarantees more stock market downside. If copper remains bearish, and commodities and volatility bullish, the quant will likely chop sideways with a slight downward bias.

Keybot prints two pre-scheduled numbers in the week ahead one on Tuesday and one on Friday. The recent trend continues. As copper goes, so goes the market.

9/29/19; 7:00 PM EST =
9/27/19; 10:00 AM EST =
9/24/19; 10:00 AM EST =
9/22/19; 7:00 PM EST = +68; signal line is +70
9/18/19; 1:29 PM EST = +68; signal line is +70; go short 2992; (Benchmark SPX for 2019 = +19.4%)(Keybot algorithm program this trade = +2.4%; Keybot algo for 2019 = +11.3%)(Actual results this trade = +2.8%; Actual trading results for 2019 = +24.2%)

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