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

Keybot the Quant algorithm flips to the long side on hump day at SPX 3009 but is already champing at the bit to go short again. The algo number is 14 points below the signal line wanting the model to flip bearish but the internal parameters will not yet fully latch to permit the move.

Bears need the SPX below 2997; if so, it is highly likely that Keybot will flip short, hence the imminent turn notation remains in the title line. Bears will receive help if the VIX can move above 14.37.

Bulls need to prevent the SPX from dropping below 2997. If so, they will skate into the weekend without worry. Bulls need CPER above 16.97, now only a penny below at 16.96. Higher copper will guarantee more upside price action for equities. Bulls will also rejoice with higher commodities needing GTX to move above 2492.

If there is a big gap-down move in the S&P 500 at Friday's opening bell, that is not good for bears. Short sellers need to see a slow steady move lower and then a failure at SPX 2997. This will open the door to the downside, as long as copper remains bearish. If a gap-down does occur, it may trigger a timer and Keybot will likely delay any action for about 90 minutes.

Watch copper futures overnight since as copper goes, so goes the market.

On the last trade that lasted one week, the algo program lost a smidgeon. The actual trading lost -1%. The benchmark S&P 500 is up +20% this year from 2500-ish to 3000-ish. The actual trading generated by Keybot the Quant is up over +29% this year outperforming the SPX and most everyone on Wall Street. The beat goes on.

7/28/19; 7:00 PM EST =

7/25/19; 12:33 PM EST = +58; signal line is +72 but algorithm remains long

7/24/19; 11:06 AM EST = +74; signal line is +74 but algorithm remains long

7/24/19; 10:36 AM EST = +88; signal line is +75; go long 3009; (Benchmark SPX for 2019 = +20.0%)(Keybot algorithm program this trade = -0.3%; Keybot algo for 2019 = +15.9%)(Actual results this trade = -1.0%; Actual trading results for 2019 = +29.4%)

7/24/19; 10:00 AM EST = +74; signal line is +75

7/23/19; 9:36 AM EST = +58; signal line is +75

7/22/19; 11:04 AM EST = +74; signal line is +74 but algorithm remains short

7/22/19; 10:51 AM EST = +60; signal line is +74

7/22/19; 9:47 AM EST = +74; signal line is +74 but algorithm remains short

7/22/19; 9:36 AM EST = +60; signal line is +74

7/22/19; 8:28 AM EST = +74; signal line is +75

7/22/19; 8:06 AM EST = +60; signal line is +75

7/22/19; 6:33 AM EST = +74; signal line is +75

7/22/19; 6:15 AM EST = +60; signal line is +75
7/22/19; 4:24 AM EST = +74; signal line is +76

7/22/19; 3:06 AM EST = +60; signal line is +76

7/21/19; 7:00 PM EST = +74; signal line is +76
7/19/19; 10:00 AM EST = +74; signal line is +76

7/17/19; 11:21 AM EST = +74; signal line is +77

7/17/19; 10:43 AM EST = +58; signal line is +77

7/17/19; 10:12 AM EST = +72; signal line is +78; go short 3000; (Benchmark SPX for 2019 = +19.666%)(Keybot algorithm program this trade = +7.6%; Keybot algo for 2019 = +16.2%)(Actual results this trade = +11.0%; Actual trading results for 2019 = +30.4%)