STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The bears try to push VIX above 14.15 but fall one penny shy with VIX ending at 14.14. Isn't it amazing how the algorithm can identify these levels before they occur? Since VIX sits at the 14.14-14.15 bull-bear line in the sand, whichever way the VIX pivots tomorrow after the opening bell, the broad indexes are going to pivot in the opposite direction. Bears need XLF 21.37 but the bulls finished far above at 21.61. Bulls can receive additional fuel with RTH 58.65. Thus, bears are going to have to send volatility higher from the get-go tomorrow, otherwise, they will fold like a cheap suit and the broad indexes will move far higher.

UTIL explodes higher to 516.25 a huge run over the last couple days creating bullish markets. For next week, UTIL 502.46 is a key bull-bear level and the 504.65 goes away, thus, it is an easier road for the bulls. For the SPX for Friday starting at 1830, the bulls only need a smidge of green in the futures and another upside acceleration occurs through 1832 resistance and higher. Bears must keep the S&P futures negative overnight. The bears need to push under 1809 to accelerate the downside. A move through 1810-1829 is sideways action. Bulls are in firm control with the aglo number 40 points above the signal line. Keybot prints a pre-scheduled number tomorrow morning shortly after the opening bell.

2/16/14; 7:00 PM EST =

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

2/13/14; 2:50 PM EST = +46; signal line is +6