STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long. The bulls are running and in firm control with the XLF over 15.62, RTH above 43.92 and VIX below 15.95.  Continue watching these three key parameters.  For Wednesday, with the SPX starting at 1388, the bulls only need a two point push higher, to touch the 1390 handle, and an upside acceleration will occur, the strong 1391 resistance will give way quickly. So watch to see if the bulls can muster up two positive points in the futures overnight. The bears need to push under 1377 to accelerate the downside.  A move thru 1378-1389 is sideways action.  Keybot prints a pre-scheduled number at 10 AM so the action can be updated at that time.  The algo is very active this week. Keybot did not whipsaw back to the short side, yet, tomorrow will be a key test. If RTH remains above 43.92 and XLF stays above 15.62, the broad indexes are heading higher.

The average hedge fund is up 5.9% this year. Keybot is up 17.5%.

11/25/12; 7:00 PM EST =

11/21/12; 10:00 AM EST =

11/20/12; 3:54 PM EST = +3; signal line is -36

11/20/12; 1:55 PM EST = -13; signal line is -37

11/20/12; 1:12 PM EST = -29; signal line is -37

11/20/12; 1:08 PM EST = -13; signal line is -36

11/20/12; 11:12 AM EST = +3; signal line is -36

11/20/12; 10:55 AM EST = -13; signal line is -36

11/20/12; 10:30 AM EST = +3; signal line is -36

11/20/12; 9:00 AM EST = -13; signal line is -36