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

Keybot the Quant remains long with the bears unable to yet turn the tables on the bulls. Keybot prints 2 numbers thus far on Tuesday with the algo number 8 points below the signal line. The quant is champing at the bit to go short but the program will not yet fully latch to allow the move.

The SPX is at 3244 and likely needs to lose another 20 points to flip the model short. Bears will benefit from VIX above 14.07, CPER below 17.18 and/or RTH below 119.27. Bulls need to push UTIL above 876.46 to prove that they can take stocks higher.

1/12/20; 7:00 PM EST =

1/10/20; 9:00 AM EST =

1/7/20; 10:12 AM EST = +72; signal line is +80 but algorithm remains long

1/7/20; 8:40 AM EST = +58; signal line is +80 but algorithm remains long

1/6/20; 3:48 PM EST = +72; signal line is +80 but algorithm remains long