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

Keybot the Quant flips long today at SPX 4461 but the algorithm is already champing at the bit to flip back to the short side. The stock market is erratic and unstable wanting to take a peek at the FOMC Minutes tomorrow afternoon.

Parameters are going off in all directions. Utilities fail today with UTIL collapsing through the 919 palindrome and 914. This failure should usher in a bloodbath but perhaps markets are holding up waiting on insight into the Federal Reserve tomorrow. If UTIL remains under 914 tomorrow, a big drop in the stock market would be expected.

Another battle is NYA at the bull/bear line in the sand at 16717. NYA dances above and below throwing the stock market around like a rag doll, er rag mop.

The bulls are in control but the bears are ready to flip the model back to the short side. Bulls need stronger utes and chips. Bulls need to pump UTIL above 914 immediately then above 919, and also push SOX above 3573. It would not take much effort.

Bears need to keep UTIL under 914 which should usher in extreme ugliness. Bears need NYA below 16717 to prove they got game.

The quant wants to flip short now but the parameters are not fully latched. If the SPX  drops below 4429 on Wednesday, Keybot the Quant will likely flip short. Utes, chips and the NYA index are controlling stock market direction currently. The chips will tell you a lot in the premarket tomorrow morning.

On the last trade, the quant program gains a couple percent and the actual trading gains about +4%. For the year thus far, the SPX benchmark is down -6.4%. The Keybot the Quant program is dead flat this year and the actual trading is now in the green up about +3% in 2022 thus far. Keybot exits SDS and enters SSO remaining in the 2x ETF's.

2/20/22; 7:00 PM EST =
2/17/22; 9:00 AM EST =
2/15/22; 3:56 PM EST = +10; signal line is +15 but algorithm remains long
2/15/22; 3:40 PM EST = -4; signal line is +16 but algorithm remains long
2/15/22; 2:11 PM EST = +10; signal line is +19 but algorithm remains long
2/15/22; 1:27 PM EST = +26; signal line is +21
2/15/22; 12:21 PM EST = +12; signal line is +22 but algorithm remains long
2/15/22; 11:19 AM EST = +26; signal line is +24
2/15/22; 10:47 AM EST = +42; signal line is +25
2/15/22; 9:55 AM EST = +28; signal line is +25
2/15/22; 9:43 AM EST = +42; signal line is +27; go long 4461; (Benchmark SPX for 2022 = -6.4%)(Keybot algo this trade = +1.8%; Keybot algo for 2022 = +0.1%)(Actual results this trade = +3.9%; Actual results for 2022 = +2.7%)
2/15/22; 9:36 AM EST = +28; signal line is +29
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
2/10/22; 1:05 PM EST = +58; signal line is +60
2/10/22; 12:53 PM EST = +42; signal line is +59
2/10/22; 10:56 AM EST = +58; signal line is +59
2/10/22; 10:44 AM EST = +72; signal line is +58 but algorithm remains short
2/10/22; 10:20 AM EST = +58; signal line is +56 but algorithm remains short
2/10/22; 10:08 AM EST = +72; signal line is +55 but algorithm remains short
2/10/22; 10:07 AM EST = +58; signal line is +54 but algorithm remains short
2/10/22; 9:36 AM EST = +42; signal line is +53; go short 4542; (Benchmark SPX for 2022 = -4.7%)(Keybot algo this trade = +0.0%; Keybot algo for 2022 = -1.7%)(Actual results this trade = -0.7%; Actual results for 2022 = -1.2%)