STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains bullish. The VIX drops below the key bull-bear line in the sand, identified by the algo, at 13.40, so the bulls punch the bears in the face. In fact, minutes ago, the VIX slips below 13. The bulls are in control throwing confetti into the air and singing happy songs.

Watch VIX 13.40 closely today. Stock market bears got nothing unless volatility rises. If you see the VIX overtake 13.40 today, then retreat again for a few minutes or half-hour below 13.40, then pop above 13.40 again, then retreat again, and so forth, that behavior is likely telling you that Keybot is setting itself up for the short side, so the caution flag remains out for now.

If the VIX remains under 13 nowhere near the key 13.40 level, the bears got nothing and will be crying in their beer this holiday weekend. Bulls are cruising with the algo number 18 points above the signal line.

9/2/18; 7:00 PM EST EOM =

8/31/18; 10:00 AM EST = +84; signal line is +66

8/31/18; 9:47 AM EST = +84; signal line is +65

8/31/18; 7:28 AM EST = +70; signal line is +63

8/31/18; 4:37 AM EST = +84; signal line is +63

8/30/18; 3:01 PM EST = +70; signal line is +62