Wednesday, May 21, 2025

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

Keybot the Quant remains long with the algo number 8 points above the signal line. The bulls save the day today pumping copper to prevent the quant from flipping short. You can see that Keybot the Quant was champing at the bit to go short but the internal parameters would not fully latch to permit the move.

Copper, banks and utes are in the bull camp creating stock market joy while commodities create a dark cloud over the stock market. The battle continues.

Bulls must push GTX above 3652, now at 3641, to signal the all-clear for stock market party time and the march to SPX 6K.

Bears must keep GTX below 3652 and at the same time pull CPER below 29.15, or XLF below 49.30, or UTIL below 1008. Any 1 of the 3 turning bearish will be good enough to put the quant in status to go short. Then, if the SPX is below 5831 trending lower, Keybot the Quant will likely flip short.

Bears likely need to chop some wood on utilities to send them lower. Note that rates are rising and utilities should be sinking but they continue higher. This is due to the power requirements needed for the AI robots. The stock market is hyped-up on artificial intelligence with traders likely displaying a different AI: arrogant ignorance.

The banks need to fail about -2% to help the bears so keep an eye on those names and copper futures only need to drop -0.2% to turn CPER bearish. Thus, the obvious duel is between commodities, representing the bears, and copper, representing the bulls. It is a cage match. The two will enter the cage tomorrow but only one will exit and the stock market will follow that lead.

If copper futures are negative overnight and S&P futures are down 14 or more points, the stock market is in trouble and the quant will likely flip short. If banks lose about -2% that will accelerate any downside occurring with stocks. Bulls can make all their problems and worries go away if they attain GTX 3652.

5/25/25; 7:00 PM EST =
5/21/25; 2:06 PM EST = +41; signal line is +33
5/21/25; 1:35 PM EST = +25; signal line is +33 but algorithm remains long
5/21/25; 10:38 AM EST = +41; signal line is +33
5/21/25; 10:22 AM EST = +55; signal line is +32
5/21/25; 10:15 AM EST = +41; signal line is +30
5/21/25; 9:36 AM EST = +55; signal line is +28
5/20/25; 3:36 PM EST = +41; signal line is +26
5/19/25; 1:40 PM EST = +25; signal line is +24
5/19/25; 1:24 PM EST = +41; signal line is +23
5/19/25; 1:06 PM EST = +25; signal line is +21
5/19/25; 12:57 PM EST = +41; signal line is +20
5/19/25; 12:28 PM EST = +25; signal line is +17
5/19/25; 12:21 PM EST = +41; signal line is +15
5/19/25; 11:43 AM EST = +25; signal line is +13
5/19/25; 11:33 AM EST = +41; signal line is +10
5/18/25; 7:00 PM EST = +25; signal line is +9

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