STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the stock market drama continues. The US says a trade deal with China is in its final strokes sending the stock market strongly higher. The SPX prints a new all-time high and new all-time closing high both at 3120.46. Stocks closed the day, and week, at the record highs. Traders will want to here details this weekend on this latest US-China trade news hype.

The bulls are in control with the algo number 9 points above the signal line. Copper keeps teetering in and out of the bear camp now in the bull camp creating stock market buoyancy. Bears need weaker copper to prove they can take stocks lower. As copper goes, so goes the market. The imminent turn to the short side will be back in play for the quant if copper turns bearish.

11/17/19; 7:00 PM EST =

11/15/19; 10:56 AM EST = +88; signal line is +79

11/13/19; 10:36 AM EST = +72; signal line is +79 but algorithm remains long