STOCK MARKET BULLISH -- LONG

Keybot the Quant is long to start the Thursday session. The algo idled along yesterday, thru the tumoil, printing two numbers that only resulted in a stutter step move.  The bulls are cruising along without a care.  For any initial cracks in the bull foundation, watch NYA 7671, VIX 18.90, SOX 384.00 and XLF 14.35. These four items are of key interest to the algorithm currently and causing bullish buoyancy. Watch to see if any of the four turn bearish, if so, the markets will weaken.

For the SPX today starting at 1357, the bulls need to push the SPX above 1361.50 and the upside will accelerate. The bears need to push below 1346.50 and the downside will accelerate.  A move thru 1348-1356 is sideways action.

6/24/12; 7:00 PM EST =

6/20/12; 12:44 PM EST = +46 signal line -8

6/20/12; 11:52 AM EST = +32 signal line -10

6/19/12; 9:59 AM EST = +46 signal line -13