STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains short as the markets stagger along and the important SPX 1874 resistance appears to keep holding. The algo motored along today and did not print any numbers. Bears need to push GTX under 4862 to gain downside fuel. Bulls need VIX under 14.28 to gain upside fuel. If VIX moves below 14.28, and SPX above 1874, and both remain bullish, Keybot will likely flip long.

For Friday with the SPX starting at 1872, the bulls only need a couple points, to poke up through 1874, and an upside acceleration to the all-time highs will occur. The bears need to push under 1855 to accelerate the downside. A move through 1856-1873 is sideways action moving into the weekend. Markets are very erratic and indecisive. A firm commitment one way or the other should surface in the days ahead. The bears remain with the edge but markets remain a coin-flip. Watch volatility and commodities. If the dollar heads higher, commodities will weaken moving forward.

3/23/14; 7:00 PM EST =

3/19/14; 2:44 PM EST = +48; signal line is +52