STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. The algo number is 32 points below the signal line so the bears are cruising along without a care or worry. Tuesday was the big day thus far this week with the algo verifying the ongoing bearish direction. Keybot does not print any numbers Wednesday or today (Thursday).

Stocks are sloshing around in a bloodbath. Copper, commodities and the key SPX 2742 level all failed creating the market carnage. The stock market is in shambles.

SPX 2742 is the key level the bulls need to prove they can build a sustainable rally. Bears rule the stock market for the weeks and months ahead if the SPX remains below 2742.

Bulls also need either CPER above 17.41 and/or GTX above 2766. These parameters indicate that a recovery rally is sustainable, or not.

If copper and commodities remain bearish, and the SPX remains below 2742, status quo, the stock market is toast. Keybot prints a pre-scheduled number tomorrow morning. The beat goes on.

10/28/18; 7:00 PM EST =

10/26/18; 10:00 AM EST =

10/23/18; 3:52 PM EST = -20; signal line is +12

10/23/18; 3:39 PM EST = -6; signal line is +14

10/23/18; 10:01 AM EST = -20; signal line is +15

10/23/18; 9:36 AM EST = -6; signal line is +17

10/21/18; 7:00 PM EST = +24; signal line is +19 but algorithm remains short