Keybot the Quant remains short. The algo was quiet last week only printing 3 numbers, all on Friday, and one was a pre-scheduled number. The bears remain in charge of the stock market with the algo number 26 points below the signal line.
Utilities recovered last week so this puts the crash scenario on the back burner. UTIL begins at 996 and needs to move above 1002 in the first few minutes of trading tomorrow morning to continue the positivity so watch it closely. If UTIL fails to achieve 1002, sogginess will come into the stock market.
Bulls must push UTIL above 1002 while bears need to keep it below. If bulls can push UTIL above 1002, the focus will be on copper and banks. Bulls need CPER above 29.12 and XLF above 48.31 to wrestle-back stock market control.
4/20/25;
7:00 PM EST =
4/17/25;
9:00 AM EST =
4/13/25;
7:00 PM EST = -63; signal line
is -37
4/11/25;
1:46 PM EST = -63; signal line
is -36
4/11/25;
12:22 PM EST = -79; signal line
is -34
4/11/25; 10:00 AM EST = -95; signal line is -32
4/6/25;
7:00 PM EST = -95; signal line
is -28
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