STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short to begin the new week of trading. Watch SOX 624 (now at 616 causing market negativity), RTH 59.55 (now at 59.80 causing market bullishness) and VIX 12.96 (now at 12.69 causing market bullishness). Thus, the bulls need SOX above 624 to prove the trek to new all-time highs continues. Bears need either RTH under 59.55 or VIX above 12.96 which will create strong downward selling pressure. If semiconductors remain weak, and retail and volatility remains bullish, markets will float sideways with a slight upward bias.

For the SPX starting at 1978, the bulls need to touch the 1985 handle to unleash an upside acceleration. The bears need to push under 1974.50 to accelerate the downside. S&P futures are +1 about 6-1/2 hours before the US opening bell. The bears are driving the bus. 

8/3/14; 7:00 PM EST =
8/1/14; 10:00 AM EST = 

8/1/14; 9:00 AM EST =

7/31/14; 7:00 PM EST EOM =

7/29/14; 10:00 AM EST =

7/27/14; 7:00 PM EST = +50; signal line is +64

7/25/14; 11:25 AM EST = +50; signal line is +64; go short 1975; (Benchmark SPX for 2014 = +6.9%)(Keybot this trade = -0.3%; Keybot for 2014 = +5.0%)(Actual this trade = -0.6%; Actual for 2014 = +5.4%)