Keybot the Quant remains short. Market participants are Riders on the Storm. The quant prints three numbers thus far today including the pre-scheduled number. Retail stocks and banks are thwacked which creates the stock market weakness. Bears are trying to pound copper to create a mini-crash before the bell.
Bulls need either XLF above 29.10 or RTH above 157.77 pronto. Either one will stop the market selling and at least stabilize stocks sideways into the weekend. Bulls can turn the tables if they pull both retail stocks and banks back into their camp before the closing bell. Bulls must not let copper fail, if they do, they will need a medic.
Bears need CPER (copper) below 21.72, and its only pennies away, and stocks will be flushed hard into the closing bell.
1/31/21;
7:00 PM EST EOM =
1/29/21;
12:21 PM EST = +6; signal line is +45
1/29/21;
12:19 PM EST = +22; signal line is +47
1/29/21;
10:00 AM EST = +38; signal line is +48
1/28/21;
9:36 AM EST = +38; signal line is +49
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