STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short moving into the new week of trading. Monday will be a fight between semi's and volatility. Watch SOX 473.36 and VIX 14.20. The bears will push equities firmly lower if volatility moves above 14.20. The bulls will recover and push equities higher if SOX moves above 473.36. If SOX stays under 473.36, and VIX stays under 14.20, the markets should stumble along sideways. If the SOX regains 473.36, and stays above, and the SPX moves above 1699, and stays above, Keybot will likely flip back to the long side. The imminent turn notation is not in the title line but the markets remain very much at a coin flip juncture. If SOX moves above 473.36, then a market turn to the bull side may be imminent.

For the SPX starting at 1691, the bulls need to push up through 1699 and touch the 1700 handle, if so, an upside acceleration will occur to 1707 and 1710. The bears need to push under 1686 to accelerate the downside into the 1670's. A move through 1687-1698 is sideways action for Monday. This week is huge for markets and may be the most important week of the year, despite the summer doldrums.  Equities are at an inflection point and should break hard one way or the other. Markets remain erratic, unstable and indecisive. Keybot prints two pre-scheduled numbers this week, both on Friday morning. Watch the semiconductors.

8/18/13; 7:00 PM EST =

8/16/13; 10:00 AM EST =

8/16/13; 9:00 AM EST =

8/11/13; 7:00 PM EST = +49; signal line is +52

8/9/13; 12:45 PM EST = +49; signal line is +52