STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the stock market drama continues. The bulls goosed copper on Friday which maintains the overall market buoyancy. Commodities also jumped into the bull camp but then jumped back out. Commodities, in general, remain bearish while copper remains bullish.

Bulls need GTX above 2423 (now at 2417) to guarantee a higher stock market and 3000-plus numbers for the S&P 500. Bears need CPER below 16.38 (now at 16.53) which would be a -0.9% drop. Copper futures are up +0.9% as this is typed 5 hours before the opening bell for the regular US Monday trading session so the bulls are gathering strength and making it harder on the bears. Thus, S&P futures are up +7. VIX 14.24. Bears need VIX above 15.80 or they got nothing.

Keybot prints one pre-scheduled number this week on Friday. The caution flag remains out. For the Monday session, bears need weaker copper and the SPX to drop below 2976 to stop the bullish strength. The SPX begins the week at 2986.

10/27/19; 7:00 PM EST =

10/25/19; 10:00 AM EST =

10/20/19; 7:00 PM EST = +74; signal line is +59

10/18/19; 10:32 AM EST = +74; signal line is +56

10/18/19; 9:36 AM EST = +88; signal line is +54

10/17/19; 9:00 AM EST = +58; signal line is +50