Keybot the Quant remains short as the S&P 500 prints a new all-time record high at 6481.34 on Friday, 8/15/25, and a new all-time closing high at 6468.54 on Thursday, 8/14/25. The algo number, however, is only 4 points below the signal line which is not much.
Copper and commodities are creating a pall over the stock market and the record high joy. Doctor Copper continues lying on a gurney in the emergency room. The battle for stock market control is commodities versus banks; GTX vs XLF, respectively.
Commodities are creating stock market negativity so the bulls need to push GTX above 3756 and the sadness will turn into upside joy and a rally in equities. If GTX rises above 3756 trending higher, and the SPX moves above 6481, Keybot the Quant will likely flip long. The SPX will begin the new week of trading from 6450.
Banks are keeping the stock market buoyant and at the record highs so the bears need to pull XLF below 51.72 to get equities rolling downhill and create market mayhem and pain.
It remains strange times with the sideways SPX price action unwilling to yet commit lower or higher. Keybot prints one prescheduled number this week on Tuesday morning before the opening bell. Watch the commodities vs banks battle; one of them will flinch this week and tell you the market direction forward. The bulls want to Stay at the record top Just a Little Bit Longer a la Jackson and the gang.
8/24/25;
7:00 PM EST =
8/19/25;
9:00 AM EST =
8/17/25;
7:00 PM EST = +30; signal line is +34
8/15/25;
10:01 AM EST = +30; signal line is +35
8/15/25;
10:00 AM EST = +30; signal line is +35
8/12/25;
9:36 AM EST = +30; signal line is +37
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