STOCK MARKET BULLISH -- LONG --CAUTION

Keybot the Quant remains long with the algo very active today printing six numbers. Keybot was in position to go short but the internal parameters would not latch to allow the move. GTX danced above and below the 4969 bull-bear line in the sand all day long but ended in the bull camp. Copper remains in the bear camp. Thus, bulls win with JJC above 37.90. Bears win with GTX under 4969. If the GTX loses 4969, and the SPX drops under 1923, and both remain under, Keybot will likely flip short.

For the SPX starting at 1940, the bulls need to touch the 1942 handle and the upside acceleration continues towards 1950 in quick order. The bears need to push under 1923 to regain their downside mojo. A move through 1924-1941 is sideways action. The caution flag remains. If GTX loses 4969, an imminent turn is in play.

6/8/14; 7:00 PM EST =

6/6/14; 9:00 AM EST =

6/5/14; 1:31 PM EST = +63; signal line is +58

6/5/14; 12:47 PM EST = +47; signal line is +57 but algorithm remains long

6/5/14; 12:25 PM EST = +63; signal line is +57

6/5/14; 12:07 PM EST = +47; signal line is +57 but algorithm remains long

6/5/14; 11:15 AM EST = +63; signal line is +57

6/5/14; 9:36 AM EST = +47; signal line is +58 but algorithm remains long

6/4/14; 9:36 AM EST = +63; signal line is +59