STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long and has not printed any numbers this week thus far. The same set up remains in place.  The bulls need UTIL 466.18 and/or GTX 4950 while the bears need VIX 16.40, RTH 43.75 and/or JJC 45.60. One of the above five parameters will flinch and send the markets in that direction. Until then, the markets are flat.

For the SPX starting at 1461, continuing to hug the strong 1460-1461 S/R, the bulls need to touch 1465 to ignite an upside acceleration to 1468 and perhaps 1472 while the bears need to drop under 1457 to create a downside acceleration to 1453 and then 1444. A move thru 1458-1464 is sideways action. The markets are waiting for the ECB decision all week long, now only a couple hours away.

1/13/13; 7:00 PM EST =

1/6/13; 7:00 PM EST = +33; signal line is +3

1/4/13; 9:00 AM EST = +33; signal line is +2