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

Keybot the Quant remains on the short side after a wild, wild start to the week with the algo printing 11 numbers on Valentine's Day. Bulls and bears are battling for stock market control. Late Monday, the bulls take the upper hand but still need another 18 points to overcome the signal line.

Four major failures occurred yesterday but three recovered. Utilities are playing a key role. UTIL 918.63 and UTIL 914 failed. XLF 39.49 failed. SPX 4394 failed.

If UTIL regains 918.63 today, the algo may flip back to the long side.

Bears need any of the other 3 parameters to fail, UTIL 914, XLF 39.49 or SPX 4394, which would usher in immediate weakness. If all 3 fail, a crash is on the table. If UTIL 914 fails, a major leg lower will occur for the stock market in quick order.

In real-time, 5 hours before the opening bell in the states, S&P futures are popping over +50 points on news that Russia pulls troops back from the Ukraine border. Futures will probably drop if Putin coughs then rally if he grins. It is silliness. Watch the parameters above if you want to know the stock market direction ahead.

Interestingly, with UTIL 918.63, if the bulls take it, the quant will likely not flip long immediately, instead, Keybot may require a jog move where UTIL then has to fall back below 918.63, and then, when it would pop back above 918.63 the second time, that is when it would likely influence Keybot the Quant to flip long. What does that mean in English?

If UTIL pops above 918.63 for a few minutes or half hour, then falls back below for a few minutes or half hour, then rises back above 918.63 again, and remains above moving higher, and the SPX is above 4426 (starting at 4402), Keybot the Quant will likely flip long.

2/20/22; 7:00 PM EST =
2/17/22; 9:00 AM EST =
2/14/22; 3:29 PM EST = +12; signal line is +30
2/14/22; 2:56 PM EST = -2; signal line is +33
2/14/22; 2:46 PM EST = -18; signal line is +36
2/14/22; 2:07 PM EST = -34; signal line is +39
2/14/22; 1:53 PM EST = -18; signal line is +43
2/14/22; 1:50 PM EST = -4; signal line is +47
2/14/22; 12:45 PM EST = +12; signal line is +50
2/14/22; 11:21 AM EST = -4; signal line is +51
2/14/22; 10:55 AM EST = -18; signal line is +54
2/14/22; 10:44 AM EST = -2; signal line is +57
2/14/22; 10:37 AM EST = +14; signal line is +58
2/13/22; 7:00 PM EST = +28; signal line is +60
2/11/22; 2:30 PM EST = +28; signal line is +60
2/11/22; 2:22 PM EST = +42; signal line is +60
2/11/22; 1:45 PM EST = +28; signal line is +60
2/11/22; 10:00 AM EST = +42; signal line is +60
2/10/22; 1:21 PM EST = +42; signal line is +60