STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long going into the Friday session. The algo motored along today without printing any numbers. The markets drifted sideways with an upward bias.  Friday is the same set-up as today. The bears need to push the VIX over 14.40 (now at 12.24) to gain downside mojo. The bulls need to push JJC over 43.85 (now at 42.86) to gain upside mojo. If VIX stays under 14.40, and JJC under 43.85, the markets will float along sideways with an upward bias. For the SPX starting at 1593, the bulls need to push up over 1597 to accelerate the upside which will surely push over 1600 in a heartbeat. The bears need to touch the 1586 handle and the downside will accelerate. A move through 1587-1596 is sideways action. Keybot prints a pre-scheduled number at 10 AM but the site here will probably not be updated until later tomorrow afternoon.

4/14/13; 7:00 PM EST =

4/12/13; 10:00 AM EST =

4/9/13; 12:32 PM EST = +49; signal line is +39; go long 1568; (Benchmark SPX for 2013 = +10.0%)(Keybot this trade = -0.4%; Keybot for 2013 = +1.1%)(Actual this trade = -0.5%; Actual for 2013 = +1.1%)