Keybot the Quant remains short with the algo number 10 points below the signal line. The robot is sleepy this week despite the daily drama. The bulls are goosing utilities this week. They figure that if a stock market selloff occurs they at least want to try and take a crash scenario off the table.
The bulls need UTIL, or DJU, above 1180 tomorrow and stocks will catapult higher. Price begins the session at 1158. For next week, the 1180 is meaningless and replaced with 1122. With price up at 1158 well above 1122, the bulls will have a big advantage when they come to play on Monday. Bulls need a +3% rally in copper to create a lot of upside strength for stocks a formidable task.
For the bears that comically remain in control through all the turmoil, higher volatility is needed to slice the market open and let it bleed out onto Wall and Broad. Bears need VIX above 20.68 and moving higher for all Hell to break loose in the stock market. If VIX remains below 20.68, the bears got buptkis.
Bulls will win with UTIL above 1180 and/or CPER above 37.93.
Bears win if VIX moves above 20.68. Bears must find a way to weaken the utilities and send them lower below 1116-1122.
Keybot the Quant prints the prescheduled number tomorrow morning shortly after the opening bell. A new one from Jesse Welles called Won't You Come Out Tonight?.
6/28/26;
7:00 PM EST =
6/26/26;
10:00 AM EST =
6/23/26;
9:36 AM EST = 23; signal line is +33
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