Sunday, November 25, 2018


Keybot the Quant remains bearish as the stock market machinations continue. Copper fell into the bear camp on Friday creating the collapse in equities late in the holiday-shortened session. CPER ends the week at....... wait for it....... wait a little bit longer for it..... a bit longer...... 17.34; the exact number that Keybot called out ahead of time. There is no other Wall Street algorithm that can perform such a feat; Keybot is the best.

The bears are in control. If UTIL loses 706.85 (now at 720), it's Armageddon time. It is the last piece of the puzzle the bears need. You will see ugliness in the stock market that will knock your socks off. The selloff from October to now will look like child's play as equities collapse into free fall if UTIL loses 706.85.

Bulls need copper to jump back into the their camp if they want the market mayhem to stop. Bulls need CPER above 17.35 (now at 17.34) which will immediately halt the stock market selling. Watch the copper futures overnight which will dictate the direction of the stock market on Monday.

Bulls must keep UTIL above 706.85 or it is over for the stock market as mentioned above. For this week, the bulls must push UTIL above 744 to create bullishness in the stock market. That may be a tall order. For the first week in December, the UTIL 731 number will be key for all five of those days a much easier bar for the bulls to climb over. Thus, as the week ahead plays out, watch to see if UTIL wants to migrate higher and move above the 731 a week from now, or not.

Utilities and copper tell the market story to begin the new week of trading. Bears need weaker utilities which will create a potential stock market crash. Bulls need stronger copper and utilities to stop the market selling and create a relief rally.

Keybot prints one pre-scheduled number this week on Tuesday. The month ends on Friday (EOM) and December trading begins on Monday 12/3/18. There is 25 trading days remaining in 2018. CPER 17.35 and UTIL 706.83 dictate the path ahead for the stock market this week.

12/2/18; 7:00 PM EST EOM =
11/27/18; 10:00 AM EST =
11/25/18; 7:00 PM EST = -36; signal line is -19
11/23/18; 12:49 PM EST = -36; signal line is -18
11/21/18; 10:52 AM EST = -20; signal line is -17

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