STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is on the short side moving into the Wednesday trading. The battle is between utilities and copper. Bulls need JJC above 32.00 and/or UTIL above 596 to signal the all-clear and begin a rally move higher in the stock market. Bears will receive more downside energy with either the VIX above 15.75, XLF below 24.15 or UTIL under 573.30. If all the parameters remain status quo, stocks will move sideways with a slight upward bias.

For the SPX starting at 2108, the bulls need to touch the 2116 handle and bingo, the upside will run strongly higher into the 2120's. The bears need to push under 2098 to accelerate the downside. A move through 2099-2115 is sideways action for Wednesday. So the bulls need an 8-point boost to claim victory and the bears need a 10 point drop to claim victory. S&P futures are -7 at this writing about five hours before the opening bell. Copper is trading slightly lower.

3/8/15; 7:00 PM EST =

3/6/15; 9:00 AM EST =

3/3/15; 11:33 AM EST = +52; signal line is +60; go short 2104; (Benchmark SPX for 2015 = +2.2%)(Keybot algo this trade = +2.4%; Keybot algo for 2015 = -1.3%)(Actual results this trade = +2.5%; Actual results for 2015 = -4.8%)