Keybot the Quant remains long the stock market as the daily King Donnie and Fed drama continues and now the US war activity in the Middle East. Traders are programmed to buy war so futures are higher this Monday morning about 5 hours before the US cash open. The bulls are in charge with the algo number 12 points above the signal line which is not much.
Banks, copper and the NYA index are controlling stock market direction currently. All 3 are bullish creating the ongoing daily buoyancy in the stock market. Bears need XLF below 49.93, CPER below 29.65 and/or NYA below 19532. If any 1 of the 3 turn bearish, the imminent turn will be in play, and if the SPX drops below 5953 trending lower, Keybot the Quant will likely flip short.
To aid the bears, banks would need to lose -0.9% but XLF is up +0.2% in the pre-market. Copper futures need to drop -2.1% and are down -0.6% in real-time. The NYA index needs to lose -1.7% for the bears to growl. The bulls do not appear worried at all.
VIX above 22.69 and UTIL below 1018 will also create stock market trouble.
Keybot the Quant prints two prescheduled numbers this week one on Tuesday morning and the other Friday morning. The stock market remains uber bullish especially with the bombs dropping. Barbara Ann. Or as King Donnie is singing all weekend long, "Bomb, bomb, bomb, Iran."
6/29/25; 7:00 PM EST =
6/27/25;
10:00 AM EST =
6/24/25;
10:00 AM EST =
6/22/25;
7:00 PM EST = +60; signal line
is +48
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