STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short through all the ongoing drama with the algo number 19 points below the signal line so the bears are feeling pretty good about themselves.  The SPX 6502.45 and NYA 21661 lines in the sand gave way on Friday opening the gates of Hell and causing the big flush lower in equities. The SPX recovers to 6506 at the end of the session with the bulls trying to keep the bears at bay.

Chips also failed on Friday creating stock market trouble. Thus, the 3 metrics controlling stock market direction right now are SPX 6502, NYA 21661, and SOX 7765. The NYA and SOX prices are below the lines in the sand creating market bearishness. The SPX is above its line in the sand creating market bullishness. The interplay of these three parameters dictate the path ahead for stocks.

The bears need SPX back below 6502 to prove they still got game and the carnage has only just begun.

The bulls need NYA above 21661 that will immediately place the bulls at ease knowing that they have at least stopped the downward pressure. Bulls also need stronger chips and for the SOX to regain 7765. If both metrics turn bullish, and the SPX is running above 6595, it is likely that Keybot the Quant will flip long so for now, the caution flag will remain out. Monday is going to tell you a lot about the path ahead.

The SPX 6502 and NYA 21661 metrics are the two most important stock market indicators right now. If SPX joins the NYA in the bear camp, there will be Hell to pay. If these two indicators remain failed for a few days, it tells you that the United States stock market has fallen into a cyclical bear market pattern. Stocks must recover and move far above these cliff-edges if the bulls want to maintain a cyclical bull market. There is a lot on the line this week.

Keybot the Quant prints one prescheduled number this week on Friday morning shortly after the stock market opens. The market is a wild one. A Real Wild Child. We need some Iggy. There was only one Iggy. The Crocodile Dundee movie back in the 80's featured the tune in the background.

3/29/26; 7:00 PM EST =
3/27/26; 10:00 AM EST =
3/22/26; 7:00 PM EST = -24; signal line is -5
3/20/26; 3:59 PM EST = -24; signal line is -4
3/20/26; 3:29 PM EST = -38; signal line is -3
3/20/26; 2:37 PM EST = -24; signal line is -1
3/20/26; 10:15 AM EST = -10; signal line is -1
3/19/26; 1:33 PM EST = +6; signal line is -0 but algorithm remains short