STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is bullish moving into the Wednesday session. The algo did not print any further numbers today after the flip to the long side at lunch time. The bulls are receiving oomph from low volatility and strong semiconductors. The bears are receiving juice from weak copper. Thus, the bulls need to push JJC above 43.90, now at 43.05, to receive upside market fuel. The bears need to push SOX below 424.00 or VIX above 14.40 to accelerate the markets downside.

For the SPX starting at 1568.61, the bulls need to touch the 1574 handle and it will be off to the races higher, with the all-time closing high at 1576.09 giving way in quick order and the move begins to the 1580's. The bears need to push under 1561 and the market downside will accelerate. A move through 1562-1573 is sideways action. Markets remain unstable and erratic as evidenced by the price behavior over the last three trading sessions.

4/12/13; 10:00 AM EST =

4/9/13; 12:32 PM EST = +49; signal line is +39; go long 1568; (Benchmark SPX for 2013 = +10.0%)(Keybot this trade = -0.4%; Keybot for 2013 = +1.1%)(Actual this trade = -0.5%; Actual for 2013 = +1.1%)