Keybot the Quant remains long. Commodities join the bull camp so the upside orgy continues. The bulls are cruising with the algo number 47 points above the signal line.
Copper and commodities create the ongoing buoyancy in the stock market. Bears need GTX (commodities) below 3374 and/or CPER (copper) below 24.51 to stop the rally. Both represent about a -1% drop from current levels. Copper futures are currently trading up +0.4% so the bear's path becomes more difficult.
4/9/23;
7:00 PM EST =
4/7/23;
9:00 AM EST =
4/3/23;
9:36 AM EST = +26; signal line is -21
4/2/23;
7:00 PM EST EOM EOQ1 = +12; signal line is -23
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