Keybot the Quant remains short. The bears are cruising along with the algo number 27 points below the signal line. There are several moving parts in the stock market. Utilities, the NYA index, the SPX index, commodities, banks and volatility are controlling stock market direction currently.
Bears need UTIL below 983 that will bring about carnage in the stock market and place equities into a crash profile. If NYA loses 19225 and the SPX loses 5673, the stock market will crash.
Bulls need the above three metrics to remain bullish. At the same time, bulls need GTX above 3717.84, XLF above 50.60, and VIX below 16.87. Any of these three metrics turning bullish tells you that the relief rally is at hand.
Commodities are key with the GTX only 4 bucks away from the bull camp. Utes are key with UTIL only 8 points from stock market disaster.
To whittle things down for something simple to watch, pay attention to commodities and utes. It is a cage match where two enter but only one exits. Bulls need GTX above 3718 to signal that the relief rally is starting. Bears need UTIL below 983 to usher in stock market mayhem. Choose your poison. Poison in the Well.
Keybot the Quant prints one pre-scheduled number this week after the Friday morning open. Clocks changed in the United States a couple hours ago for Daylight Saving Time. Time in a Bottle. Jim Croce, a gifted songwriter, got screwed in life.
3/16/25;
7:00 PM EST =
3/14/25;
10:00 AM EST =
3/9/25;
7:00 PM EST = -32; signal line is -5
3/7/25;
11:56 AM EST = -32; signal line is -3
3/7/25;
11:06 AM EST = -48; signal line is -1
3/7/25;
10:57 AM EST = -34; signal line is +2
3/7/25;
10:23 AM EST = -18; signal line is +4
3/7/25;
9:46 AM EST = -34; signal line is +6
3/7/25;
9:00 AM EST = -48; signal line is +8
3/6/25;
9:36 AM EST = -48; signal line is +11
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