Keybot the Quant remains long but is champing at the bit to go short with the algo number 7 points below the signal line. The circus is in full swing as the crazy and erratic stock market behavior continues. Friday was a wild down day with the quant spitting out 6 numbers, including the 2 prescheduled numbers, but stocks finished off the bottom.
The imminent turn is in play because Keybot the Quant will likely flip short if the SPX drops down into the 7408-7431 area. A gap-down move, however, will delay any change. It would be best for the bears if they send the SPX slowly lower.
The bulls need stronger utilities and chips if they want to take stocks higher. Bears need weaker copper and utilities to create mayhem.
Bulls need UTIL above 1183 and SOX above 12370 to save the day and create upside in stocks.
Bears need UTIL below 1122 and there will be Hell to pay. Bears need CPER below 37.81 to create broad stock market selling and price is only 11 cents above at 37.92. Pay attention to copper.
The VIX had a 19 handle on Friday but that was still not good enough for bears to slash deeply. Real trouble starts for stocks if the VIX moves above 20.18 heading higher.
Keybot the Quant does not print any prescheduled numbers this week. Copper, utilities and chips are controlling US stock market direction currently. Copperhead Road.
7/26/26;
7:00 PM EST =
7/19/26;
7:00 PM EST = +36; signal line is +43 but algorithm remains long
7/17/26;
10:48 AM EST = +36; signal line is +43 but algorithm remains long
7/17/26;
10:35 AM EST = +20; signal line is +43 but algorithm remains long
7/17/26;
10:26 AM EST = +36; signal line is +45 but algorithm remains long
7/17/26;
10:00 AM EST = +20; signal line is +45 but algorithm remains long
7/17/26;
9:36 AM EST = +20; signal line is +46 but algorithm remains long
7/17/26;
9:00 AM EST = +36; signal line is +47 but algorithm remains long
7/15/26;
10:37 AM EST = +48; signal line is +47
7/14/26;
9:36 AM EST = +64; signal line is +48
7/13/26;
12:36 PM EST = +48; signal line is +47
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