STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long and did not print any numbers in the Wednesday session. Volatility did not move higher so the fix was in and the bears had nothing. The VIX stayed under 12.50 all day long so you knew stocks would not move substantively lower, and they didn't. Bears need higher volatility, the VIX above 13.80, while the bulls need a higher NYA Index, the NYA above 10937. This is the battle. If volatility remains bullish, and the NYA bearish, then stocks will float sideways with a slight upward bias.

For the SPX for Thursday starting at 2114, the bulls need to touch the 2119 handle and bingo, the upside will accelerate into the mid 2120's. The bears need to push under 2110 to accelerate the downside. A move through 2111-2118 is sideways action. The bulls remain in control.

7/26/15; 7:00 PM EST =

7/21/15; 11:05 AM EST = +8; signal line is -19

7/19/15; 7:00 PM EST = +22; signal line is -20