STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The algo prints the first number of the week after the opening bell as copper runs higher. JJC 41.93 is very important moving forward. The bulls move JJC above 41.93 creating the buoyancy in the markets this morning off the lows. GTX continues to contribute bearishness to markets under 4810. VIX continues to contribute bullishness to markets. The SPX prints new all-time highs today at 1628.03, so far. The move higher in copper is interesting since it increases the signal line, which is actually what the bears need to create a turn scenario.  JJC 41.93 and VIX 13.75 are very important and would cause a market sell off if their respective levels are violated.  The bulls will simply maintain the JJC and VIX bullishness and at the same time move GTX above 4810 to supply further bull fuel for markets. Stay alert, do not be complacent. Markets remain very unstable.

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

5/8/13; 9:32 AM EST = +62; signal line is +32

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