STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The bulls jammed volatility lower and the chips higher at the opening bell for Monday's trade; the stock market gaps-up. After a brief retreat in equities once trading was underway, the retail stocks were jammed higher and that created the bottom in equities for the day in the 10:00 to 10:15 AM EST time frame.

The bulls are cruising with the algo number 28 points above the signal line. As retail stocks go, so goes the stock market. Watch RTH 108.96 as a bull-bear line in the sand (now at 109.03). If retail stocks weaken, stocks will sag and the caution flag will be back out. If retail stocks remain bullish, the bulls will be buying the long side as they drink Fed wine and sing songs of joy.

8/25/19; 7:00 PM EST =

8/19/19; 10:11 AM EST = +28; signal line is 0

8/18/19; 7:00 PM EST = +12; signal line is -2