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

Keybot the Quant remains long moving into the Wednesday session. The algo wants to flip short but is held back until all the internal programming rules are satisfied.  If the SPX drops under 1562, it is highly likely that Keybot will flip short. The bulls will instead try to push the SPX higher to touch the 1574 handle which will set up the test of the all-time high at 1576.09 that would likely give way in quick order.  A move through 1563-1573 is sideways action. The SPX begins at 1570.

The bulls need to push SOX above 425 and GTX above 4930 to receive upside market fuel. The bears need to push the VIX above 14.50 to receive downside fuel.  Markets remain unstable. The bears have it on a silver platter right now only needing eight negative SPX points to take control of the markets. If the SPX stays above 1562, the bears got nothing and the bulls will continue driving the bus floating markets higher. Hang on to your hat.  Wednesday is a big day. The battle is between SOX 425 (for happy bulls) and VIX 14.50 (for happy bears).

4/5/13; 9:00 AM EST =

4/2/13; 2:27 PM EST = +33; signal line is +46 but algorithm says stay long