STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant flips to the short side right before lunchtime today at SPX 3069. The banks and utilities fail creating negativity. The battle rages on, however and the algo is already in position to flip back to the long side but likely needs to see the SPX above 3100 today. The bears must jam UTIL back below 762.60 as fast as possible. Bears must also keep XLF below 23.36 to maintain stock market weakness. Bulls need to keep utilities elevated and boost the banks while pushing volatility lower. Stay alert for a whipsaw. UTIL is at 766. XLF is at 23.05.

On the last trade that ran for a week, the quant program gains a percent and the actual trading gains +1.3%. The benchmark S&P 500 is down -5% on the year while the actual trading, generated by the Keybot the Quant algorithm, is up over +27%. Keybot exited SSO and entered SDS remaining in the 2x leveraged ETF's.

6/28/20; 7:00 PM EST =

6/26/20; 10:00 AM EST =

6/24/20; 2:12 PM EST = +7; signal line is -4 but algorithm remains short

6/24/20; 1:30 PM EST = +-9; signal line is -5

6/24/20; 12:49 PM EST = +7; signal line is -5 but algorithm remains short

6/24/20; 11:28 AM EST = -9; signal line is -5; go short 3069; (Benchmark SPX for 2020 = -5.0%)(Keybot algo this trade = +0.9%; Keybot algo for 2020 = +20.5%)(Actual trading results this trade = +1.3%; Actual trading results for 2020 = +27.4%)

6/24/20; 9:51 AM EST = +7; signal line is -5

6/23/20; 11:53 AM EST = +23; signal line is -5

6/23/20; 11:06 AM EST = +37; signal line is -6

6/22/20; 9:36 AM EST = +23; signal line is -7

6/21/20; 7:00 PM EST = +7; signal line is -7

6/17/20; 9:00 AM EST = +7; signal line is -7

6/15/20; 12:59 PM EST = +7; signal line is -7; go long 3041; (Benchmark SPX for 2020 = -5.9%)(Keybot algo this trade = +5.0%; Keybot algo for 2020 = +19.6%)(Actual trading results this trade = +9.6%; Actual trading results for 2020 = +26.1%)