STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short after the Friday drama. The algo was champing at the bit to go long at Friday's opening bell but commodities failed out of the gate. Then volatility popped so stocks dropped. The SPX tagged 2987 for a test and died. Of course it did. The quant told you that 2987 was key before the session started. Keybot prints 8 numbers on Friday.

News that President Trump may delist or otherwise prevent or limit Americans from owning Chinese securities sent stocks down the rabbit hole. This is more Trump bravado which will be walked back in the coming days but nonetheless, the opening of futures Sunday evening, and Asia trading, may be interesting.

Bulls have their backs against the wall. The algo number is 14 points below the signal line. Bulls need copper and commodities to rally and/or volatility to drop to create market upside. Bears need to pound the chips, banks and/or retail stocks lower to create market carnage.

9/29/19; 7:00 PM EST =

9/27/19; 12:48 PM EST = +42; signal line is +56

9/27/19; 11:43 AM EST = +56; signal line is +57

9/27/19; 10:46 AM EST = +70; signal line is +58 but algorithm remains short

9/27/19; 10:14 AM EST = +56; signal line is +58
9/27/19; 10:00 AM EST = +42; signal line is +59

9/27/19; 9:58 AM EST = +40; signal line is +60

9/27/19; 9:36 AM EST = +54; signal line is +61

9/27/19; 4:11 AM EST = +68; signal line is +61 but algorithm remains short