Keybot the Quant remains long with the algo number 16 points above the signal line. The bulls goosed utilities last week to prevent stocks from falling apart. Equities move up and down as per the tariff news. The bulls are firmly in charge but in these erratic, unstable markets anything can happen.
Bulls need higher copper and commodities to prove they got game. Bears need weaker utilities and higher volatility to turn the tables on the bulls.
Bulls need CPER above 29.21 and/or GTX above 3654. Bears need UTIL below 1005 and/or VIX above 21.90.
It is a heavy lift for bears unless the utes collapse and retrace their orgy move last week.
Another potential path forward is the CPER and GTX metrics oscillating above and below their lines in the sand. If you see this behavior occurring, it likely means that the quant is preparing to go short. If copper and/or commodities jog above and below their key levels, that will likely bring the signal line higher to meet the algo number and the utilities weakening would not be necessary to flip the model short.
There are no pre-scheduled numbers this week. The bulls are enjoying a +20% and more move off the bottom with a strong and fast relief rally but now everyone is looking at each other wondering what is next.
5/25/25;
7:00 PM EST =
5/18/25;
7:00 PM EST = +25; signal line
is +9
5/16/25;
10:00 AM EST = +25; signal line
is +7
5/16/25;
9:00 AM EST = +25; signal line
is +5
5/15/25;
3:28 PM EST = +25; signal line is +4
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