STOCK MARKET BULLISH -- LONG

Keybot the Quant is long moving into the Wednesday session. Higher utilities and financials and lower volatility create the upside rally. The algo is now tracking financials (XLF), commodities (GTX), volatility (VIX) and retail (RTH). Bulls need VIX under 14.15 and/or RTH above 58.68. Bears need XLF under 21.37 and/or GTX under 4786. Volatility and financials are the most important parameters since price is very close to these bull-bear levels. If bullish, you want VIX under 14.15 to create more upside. If bearish, you want XLF under 21.37 which would stop the market upside.

For the SPX starting at 1820, the bulls need to touch the 1824 handle to receive the all-clear signal for a launch into the 1830's in quick order. The bears need to push under 1800 to accelerate the downside. A move through 1801-1823 is sideways action. The bulls are cruising with their feet up on the dash board and will crush bears if volatility moves lower. The bears need lower financials and commodities to push equities lower and set the algo up for a potential move to the bear side.

2/14/14; 10:00 AM EST =

2/11/14; 3:37 PM EST = +32; signal line is -4

2/11/14; 3:10 PM EST = +46; signal line is -5

2/11/14; 11:23 AM EST = +32; signal line is -7