Wednesday, April 23, 2014

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long and idled today without printing any numbers. Bulls remain in control and the AAPL and FB earnings blowouts this evening may keep the upside party going. RTH 58.97 remains the key. Bulls must move through RTH 58.97 to chart the path to SPX 1900. Bears need XLF 21.78 and/or VIX 14.70 to create negativity.

For the SPX starting at 1875, the bulls need to touch the 1880 handle and an upside acceleration will occur. The bears need to push under 1874 to accelerate the downside. A move through 1875-1879 is sideways action. The bulls are cruising along and set up for an up day for Thursday. Watch RTH 58.97.

4/25/14; 10:00 AM EST =
4/22/14; 2:58 PM EST = +47; signal line is +24

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