STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short moving into the Friday session. VIX 13.12 and JJC 41.77 remain key. Both are creating bearishness in markets so the bulls need to regain one or both of these levels. For the SPX starting at 1651, the bulls need to move above 1655.50 and the upside will accelerate. The bears need to drop under 1637 to accelerate the downside. A move through 1638-1655 is sideways action today. If either VIX or JJC reach the levels shown above, and the SPX moves towards 1656 and higher, Keybot may flip back to the long side, otherwise, the bears will maintain control. Markets remain erratic and very unstable.

5/26/13; 7:00 PM EST =

5/23/13; 9:45 AM EST = +32; signal line is +44

5/23/13; 9:30 AM EST = +0; signal line is +44