STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long with the balance of the markets remaining in the hands of volatility.  Watch VIX 14.00. The bulls will continue along on easy street if the VIX stays under 14.00. If the VIX moves above 14.00, the markets will sell off and Keybot will likely flip to the short side. The algo did not print any numbers during the Monday session.

For the SPX starting at 1594, the bulls need to touch the 1597 handle and an upside acceleration will occur with price moving up through 1600. The bears need to push lower to 1582 to accelerate the downside. A move through 1583-1596 is sideways action. A turn may be imminent since VIX begins at 13.71 only 29 cents below the 14.00 line in the sand. A pre-scheduled number prints at 10 AM so the action can be updated at that time.

5/3/13; 9:00 AM EST =

4/30/13; 7:00 PM EST EOM =

4/30/13; 10:00 AM EST =

4/28/13; 7:00 PM EST = +46; signal line is +32