Wednesday, April 5, 2023

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains bullish. Copper failed yesterday creating market sogginess. Bulls need stronger copper and to push CPER back above 24.51 if they want to keep flexing their muscles.

Bears need weaker retail stocks, commodities and semiconductors and higher volatility. Copper futures are trading lower so the bears are starting to wake up and walk around. VIX 20.88 will cause stock market trouble and it is trading up to 19.79 in real-time.

4/9/23; 7:00 PM EST =
4/7/23; 9:00 AM EST =
4/4/23; 9:37 AM EST = +10; signal line is -20
4/3/23; 9:36 AM EST = +26; signal line is -21

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