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

Keybot the Quant flips long yesterday morning at SPX 4420. The stock market remains a coin-flip with chop suey chewing up bulls and bears alike. Lower volatility creates stock market buoyancy.

The huge decision on tap right now is the SPX teetering at 4462 the exact line in the sand that dictates a cyclical bull market ahead versus a cyclical bear. The stakes do not get any higher. Bulls win big above 4462. Bears will create bloody carnage below 4462.

Bears need the SPX to remain at 4462 or lower. Bears also need weaker copper and for futures to fall about -1.1% which may be doable today. Weaker copper must occur for stocks to drop. Bears need VIX above 23.45 but it is 3 sticks below.

Bulls need SPX above 4462 and they will shine going forward. Bulls also need NYA above 16698 which tells you if the rally has legs, or not. Bulls need stronger banks and XLF above 38.15 which would create robust stock market strength.

On the last trade that ran for almost 3 weeks, the quant program gains about +3% and the actual trading gains +4%. For the year thus far, the S&P 500 US stock market benchmark index is down -7%. The Keybot the Quant algorithm is up about +3% in 2022 and the actual trading is down about -4%. Keybot exits SH and enters SSO back into the 2x ETF's as the whipsaw timer has expired.

The algo number is only 3 measly points above the signal line so it is not a ringing endorsement of the long side but that is where the robot is at right now and why the imminent turn notation remains in the title line. Flip the coin. Stay alert for a whipsaw back to the short side especially if the SPX and copper begin falling apart with volatility spiking. Interestingly, copper futures are down -1.1% on the dot right now with futures flat.

4/24/22; 7:00 PM EST =
4/19/22; 3:59 PM EST = +27; signal line is +24
4/19/22; 3:21 PM EST = +41; signal line is +25
4/19/22; 9:54 AM EST = +27; signal line is +25; go long  4420; (Benchmark SPX for 2022 = -7.3%)(Keybot algo this trade = +2.7%; Keybot algo for 2022 = +2.6%)(Actual results this trade = +4.0%; Actual results for 2022 = -4.4%)
4/19/22; 9:00 AM EST = +27; signal line is +26 but algorithm remains short
4/18/22; 10:25 AM EST = +27; signal line is +27 but algorithm remains short
4/18/22; 9:57 AM EST = +13; signal line is +28
4/17/22; 7:00 PM EST = +27; signal line is +29
4/14/22; 10:00 AM EST = +27; signal line is +30
4/13/22; 9:41 AM EST = +27; signal line is +31
4/13/22; 8:36 AM EST = +13; signal line is +33
4/13/22; 3:06 AM EST = +27; signal line is +34
4/12/22; 2:21 PM EST = +13; signal line is +33
4/12/22; 9:37 AM EST = +27; signal line is +35
4/12/22; 8:37 AM EST = +11; signal line is +38
4/11/22; 3:48 PM EST = -3; signal line is +40
4/11/22; 12:03 PM EST = +11; signal line is +43
4/11/22; 9:43 AM EST = +27; signal line is +46
4/10/22; 7:00 PM EST = +41; signal line is +48
4/7/22; 1:13 PM EST = +41; signal line is +50
4/7/22; 11:33 AM EST = +27; signal line is +51
4/6/22; 2:45 PM EST = +41; signal line is +52
4/6/22; 2:36 PM EST = +25; signal line is +53
4/6/22; 2:20 PM EST = +11; signal line is +54
4/6/22; 2:13 PM EST = +25; signal line is +56
4/6/22; 1:07 PM EST = +41; signal line is +59
4/6/22; 11:51 AM EST = +25; signal line is +60
4/6/22; 10:06 AM EST = +11; signal line is +61
4/6/22; 9:41 AM EST = +25; signal line is +61
4/5/22; 9:46 AM EST = +41; signal line is +62
4/3/22; 7:00 PM EST = +55; signal line is +63
4/1/22; 3:53 PM EST = +55; signal line is +63
4/1/22; 3:43 PM EST = +39; signal line is +63
4/1/22; 1:44 PM EST = +55; signal line is +64
4/1/22; 12:09 PM EST = +41; signal line is +64
4/1/22; 9:46 AM EST = +55; signal line is +65
4/1/22; 9:36 AM EST = +71; signal line is +64 but algorithm remains short
4/1/22; 9:00 AM EST = +41; signal line is +63
3/31/22; 7:00 PM EST EOM EOQ1 = +41; signal line is +62
3/31/22; 3:59 PM EST = +41; signal line is +62; go short 4530; (Benchmark SPX for 2022 = -4.7%)(Keybot algo this trade = +5.2%; Keybot algo for 2022 = -0.1%)(Actual results this trade = +6.5%; Actual results for 2022 = -8.4%)