The Keystone Speculator's proprietary trading robot, Keybot the Quant, flips to the short side today after the opening bell at SPX 6916. The quant is fixated on utilities and volatility. Bulls need UTIL, or DJU, above 1063 or they are going to be in big trouble. Bears need to push VIX above 16.89 to prove that they got further game and can take stocks way lower. If UTIL remains below 1063, and VIX below 16.89, stocks will muddle along sideways with a slight downward bias. Eventually, one of them will flinch and reveal the path ahead. The jobs report and Supreme Court decision on the legality of tariffs will create drama tomorrow.
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