STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the stock market rides a roller coaster of drama. The bears are in charge with the algo number 13 points below the signal line. Bears will create downside carnage if retail stocks, chips and/or banks turn bearish at these levels; RTH 112.40, SOX 1525 and/or XLF 27.50, respectively. The degree of downside in these three sectors dictates the amount of selling that will occur in the stock market.

On the flip side, bulls need to keep retail stocks, chips and banks bullish, while boosting copper and commodities and sending volatility lower. Bulls need CPER above 16.45, GTX above 2428.53 and/or VIX below 15.90 to stop the market selling. Any 1 of the 3 turning bullish will place the imminent turn to the long side in play and then if the SPX moves above 2987, Keybot will likely flip long.

The SPX begins the week, and last day of the month, at 2962. The SPX started the month at 2926. The bulls can easily gain back control if they want.

The month of September ends tomorrow so EOM and EOQ3 occurs and Keybot will print a pre-scheduled number to cast these values into concrete. The quant also prints a pre-scheduled number this week on Friday morning. The beat goes on.

10/6/19; 7:00 PM EST =

10/4/19; 9:00 AM EST =

9/30/19; 7:00 PM EST EOM EOQ3 =

9/29/19; 7:00 PM EST = +42; signal line is +55

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