Keystone's proprietary trading algorithm, Keybot the Quant, flips to the bear camp yesterday at SPX 3854. GTX 3616.50, CPER 20.95 and VIX 25.73 tell the stock market story ahead. Fed Chairman Powell is set to speak and provide the 75-bip rate decision in a couple hours. Since commodities are floating higher for happy bulls, and volatility is floating higher for happy bears, copper rules the roost. As copper goes, so goes the stock market. Watch the pivot from CPER 20.95 since stocks will likely go the same way.
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