STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains short but the algo is champing at the bit to go long with the algo number 6 points above the signal line. The SPX price, utilities, retail stocks and chips are all that matter.

If the SPX moves above 7810, Keybot the Quant will likely flip long. That represents a 24-point gain so watch this evening and overnight to see if the S&P futures are up +24 points. As usual, bulls do not want a big gap-up opening for the SPX since that may delay the flip long.

The UTIL 1112.15 line in the sand for all of this week has been previously mentioned. The market makers parked UTIL at 1112.39 to end last week trying to set up a bullish week ahead. The bulls have it by 24 pennies and utilities will create more lift in the stock market if the numbers hold. If UTIL remains above 1112.15 and moving higher towards 1124, the bulls will be celebrating more new highs for stocks. Bears need UTIL back below 1112.15 pronto, preferable out of the gate, to stay in the game.

Bears need XRT below 88.01 and the retail yearnings on tap this week will be sending XRT to and fro. Bears need SOX below 12130 to create downside in stocks. Bears ultimately got nothing unless, or until, they push VIX above 17.63 and it currently has a 14-handle. Donnie Chump should provide some type of commentary or happy talk this afternoon to influence the futures that begin trading at 6 PM EST.

Keybot the Quant prints one prescheduled number this week on Tuesday morning. Bulls will likely flip the model long above SPX 7810 and receive more juice with UTIL above 1112. Bears will stop the bull orgy if they pull UTIL below 1112, XRT below 88.01 and/or SOX below 12130. Yesterday was party day so folks are waking up with headaches. Sunday Morning Coming Down. Kris Kristofferson wrote the tune but it was immediately adopted by Johnny Cash, Kris was always pitching songs to Johnny, and everyone always associated the song with the Man in Black. On a Sunday morning sidewalk, I'm wishing Lord that I was stoned, 'cause there's something in a Sunday, that makes a body feel alone.

8/23/26; 7:00 PM EST =
8/18/26; 9:00 AM EST =
8/16/26; 7:00 PM EST = +36; signal line is +30 but algorithm remains short
8/14/26; 10:00 AM EST = +36; signal line is +30 but algorithm remains short
8/11/26; 3:59 PM EST = +36; signal line is +30 but algorithm remains short
8/11/26; 12:05 PM EST = +20; signal line is +30
8/11/26; 9:37 AM EST = +36; signal line is +31 but algorithm remains short
8/10/26; 3:57 PM EST = +20; signal line is +32