STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as copper jumps into the bull camp driving the upside gains. Watch JJC 24.90 since this bull-bear line in the sand will dictate whether the stock market goes up or down. JJC is currently printing a few pennies above at 24.94. The bulls are cruising along without a care in the world.

However, note the +94 algo number. This is a very rare unprecedented high print. It verifies the bull party but over the coming weeks it is telling you that there is likely a significant stock market top forming and perhaps trouble ahead when it falls  back down. Remember the +93 print from a couple-three weeks ago. Typically stocks will sell off and then come back up for another look and then roll over. The +94 is nose-bleed territory representing uber bullish optimism in the stock market. Keybot only sees 1's and 0's so time will tell. Bears got nothing until they move JJC under 24.90.

4/17/16; 7:00 PM EST =

4/15/16; 10:00 AM EST =

4/13/16; 9:36 AM EST = +94; signal line is +61

4/12/16; 9:36 AM EST = +78; signal line is +59