STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long through the holiday weekend but is champing at the bit to go short. Trading does not resume until Tuesday morning 9:30 AM EST. If the SPX displays any negativity, Keybot will likely flip short. The market bulls must keep the S&P futures positive on Tuesday morning.

The bulls need either RTH above 76.42, JJC above 33.80 and/or UTIL above 593.83 to regain their mojo and send stocks higher. Any one of the three parameters turning bullish will send the equity markets higher. The bears are poised to take markets lower and will receive further fuel if GTX drops under 3237 and/or UTIL under 583.49. Thus, the bulls need higher retail stocks, copper and utilities while the bears need lower commodities and utilities.

For the SPX starting at 2126 on Tuesday morning, any smidge of negativity will create a downside acceleration and Keybot will likely flip short. The bulls must prohibit any negative point move in the SPX once trading resumes. The bulls must send the SPX above 2132 to create an upside acceleration and new all-time highs will print in quick order. A move through 2127-2131 is sideways action and such a tight range that it is more likely one side or the other will take the ball and run. Keybot prints two pre-scheduled numbers this week one on Tuesday morning and one on Friday morning. The trading month of May ends on Friday; EOM. The SPX began May at 2086.

5/31/15; 7:00 PM EST EOM =

5/29/15; 10:00 AM EST =

5/26/15; 10:00 AM EST =

5/24/15; 7:00 PM EST = +49; signal line is +62 but algorithm remains long

5/22/15; 2:10 PM EST = +49; signal line is +62 but algorithm remains long

5/22/15; 1:15 PM EST = +65; signal line is +61

5/22/15; 12:58 PM EST = +49; signal line is +61 but algorithm remains long

5/22/15; 12:18 PM EST = +65; signal line is +60

5/22/15; 11:17 AM EST = +49; signal line is +60 but algorithm remains long

5/22/15; 9:51 AM EST = +65; signal line is +59

5/22/15; 9:36 AM EST = +49; signal line is +59 but algorithm remains long

5/21/15; 10:07 AM EST = +81; signal line is +59

5/20/15; 2:34 PM EST = +65; signal line is +58

5/20/15; 2:08 PM EST = +51; signal line is +57 but algorithm remains long

5/20/15; 1:51 PM EST = +65; signal line is +57

5/20/15; 12:55 PM EST = +51; signal line is +56 but algorithm remains long

5/20/15; 12:23 PM EST = +65; signal line is +56