Keystone's trading robot, Keybot the Quant, whipsaws back to the short side at SPX 6497 yesterday. What else is new? The half-year of sideways choppy slop continues. The stock market is making a major cyclical decision these days. The failure at SPX 6501 opens the door to a cyclical bear market ahead. Bulls need to regain this level as fast as possible. A failure of NYA 21701 will verify the SPX failure and usher in the cyclical bear market and negativity in the stock market going forward. One side or the other will flinch.
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