STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The bulls are motoring along on easy street as the SPX prints new all-time intraday and closing highs. If GTX, commodities, now at 4746, moves up through 4810, the markets will receive additional upside fuel.  The market bears need to push the VIX, volatility, now at 12.66, up through 13.75 to initiate market selling.  For the SPX, starting the Tuesday session at 1618, the bulls need to touch the 1620 handle and the mid 1620's will occur quickly. The bears need to push under 1614 to accelerate the downside. A move through 1615-1619 is sideways action.

5/12/13; 7:00 PM EST =

5/5/13; 7:00 PM EST = +46; signal line is +31