Keybot the Quant remains short with the algo number 17 points below the signal line. The bears growl but the quant has not printed any numbers this week yet so the bears got buptkis.
Tomorrow, hump day, is a cage match. Two will enter but only one will exit taking the stock market in that direction. The battle is between copper and banks. The lines in the sand are CPER 30.41 creating stock market bullishness, and XLF 52.79 creating bearishness.
Bears need weaker copper because it opens the floodgates to pain and misery in the stock market. CPER begins tomorrow at 30.53 only pennies away from disaster. You can watch copper futures overnight to see if a -0.4% drop occurs, if so, the US stock market will be in big trouble.
Bulls need to keep copper in their camp while at the same time pumping banks higher. Bulls need XLF above 52.79, again, another number only pennies away from tomorrow's starting point at 52.42. Watch XLF in the pre-market to see if it is up +0.7%, if so, the bulls are coming to play and will try to reestablish the rally party. If VIX drops below 16.62, stocks will be catapulting higher in a festive mood.
The quant likely needs to see both XLF and VIX flip bullish to flip long. If both metrics turn bullish, and the SPX moves above 6820, Keybot the Quant will likely flip long. If only 1 of the 2 flips bullish, watch to see if it oscillates above and below the lines in the sand, if so, that is good for the bulls going forward because it may jog the robot forward to where only 1 of the 2 metrics are needed to flip long.
If copper remains bullish, and banks remain bearish, that will not be much of a cage match. Watch CPER, XLF and VIX since 1 of the 3 will likely flinch and tell you the answer forward. Tomorrow should provide the answer on whether stocks will begin Free Fallin' as per Tom Petty, or not.
11/9/25;
7:00 PM EST =
11/7/25;
10:00 AM EST =
11/7/25;
9:00 AM EST =
11/2/25;
7:00 PM EST EOM = +13; signal
line is +30
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