STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long. The algo threatened to go short at the opening bell today but the bulls stepped in to pump the semiconductors higher and save the day maintaining the long posture for Keybot.

Market bears need either SOX under 1360 and/or UTIL under 712.22 to create negativity in the stock market. If either parameter turns bearish, and the SPX falls below 2796, Keybot will likely flip short, hence the imminent turn notation is in the title line.

Market bulls need GTX above 2711 to prove that up is the direction forward for equities. Thus, bears need weaker semiconductors and utilities while bulls need stronger commodities.

8/5/18; 7:00 PM EST =

8/3/18; 9:00 AM EST =

8/2/18; 10:06 AM EST = +70; signal line is +66

8/2/18; 9:36 AM EST = +54; signal line is +65 but algorithm remains long

8/1/18; 9:36 AM EST = +70; signal line is +65

7/31/18; 7:00 PM EST EOM = +84; signal line is +64

7/31/18; 10:00 AM EST = +84; signal line is +62