STOCK MARKET BULLISH -- LONG

Keybot the Quant is long to begin the new week of trading. VIX 14.58 will create market bearishness (now at 14.16 creating bullishness). JJC 39.92 will create market bullishness (now at 39.51 creating bearishness). UTIL 483.35 and XLF 19.96 are key bull-bear levels as well. Utilities are creating bearishness and financials are creating bullishness. Any changes to the four parameters above will send markets in that respective direction.

For the SPX starting at 1688, the bulls need only one-point, to touch the 1689 handle, and price will slice up through the strong 1691 resistance like a hot knife through butter, beginning the trek to 1700+. The bears must push under 1683 to accelerate the downside. A move through 1684-1688 is sideways action. The bulls are driving the bus. Keybot prints one pre-scheduled number this week on Wednesday morning. If either volatility moves higher above VIX 14.58 or financials lower under XLF 19.96, the caution flag is required and if both parameters turn bearish a turn back to the short side would be imminent. Bulls need higher copper to continue the market move higher.

9/22/13; 7:00 PM EST =

9/18/13; 9:00 AM EST =

9/15/13; 7:00 PM EST = +31; signal line is +3

9/13/13; 10:00 AM EST = +31; signal line is +1