STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the stock market turmoil continues. Utilities and volatility are running the show. Both UTIL and VIX are bearish creating market weakness. The bears are cruising.

Bulls need either UTIL above 712.76 (now at 712.51) and/or VIX below 16.23 (now at 17.91). Either one will immediately stop the stock market selling and provide the start of a relief rally. For Thursday, if one of the two parameters turns bullish, and it jogs above and below the level listed a couple-three times, and the SPX moves above 2746, Keybot will likely flip long. If both parameters turn bullish and the SPX moves above 2746, Keybot will likely flip long. If either parameter turns bullish, consider the imminent turn to be in play. Equities would need to rally strongly on Thursday to move the S&P 500 above 2746 (now at 2700).

7/1/18; 7:00 PM EST EOM EOQ2 EOH1 =

6/29/18; 10:00 AM EST =

6/27/18; 3:20 PM EST = +8; signal line is +28

6/27/18; 3:00 PM EST = +24; signal line is +29

6/27/18; 2:43 PM EST = +8; signal line is +30

6/27/18; 2:33 PM EST = +24; signal line is +32
6/27/18; 12:45 PM EST = +8; signal line is +33

6/26/18; 11:42 AM EST = +22; signal line is +35