STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short. The pre-scheduled EOM print occurs with no change to the algo or signal line numbers occurring. If XLF remains under 20.01, and UTIL under 483.57, the markets will remain weak. Bulls need one or both of these parameters to turn bullish to send equities higher. Bears need lower copper and also the retail sector to weaken to add more bear fuel.

For the SPX starting at 1682, the bulls need to push above 1687 to accelerate the upside to 1691 in a flash. The bears need to push under 1675 and the 1660's will print in short order. A move through 1676-1686 is sideways action. A wild night is ahead since the government shutdown looks likely at 12 AM tonight, only about 4 hours away, as this is typed. Thus, anything can happen. The bears are driving the bus. Bulls got nothing unless they push financials and utilities higher.

10/4/13; 9:00 AM EST =

9/30/13; 7:00 PM EST EOM = +18; signal line is +44

9/30/13; 9:30 AM EST = +18; signal line is +44

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the new week of trading is underway. The algo prints a number right out of the gate. UTIL remains under 483.57 which helps the bears. XLF is under 20.01 helping the bears and creating a majority of today's equity weakness. GTX is 4846 well under the 4889 bull-bear line causing negativity. Bulls need to regain one or more of these key parameters, otherwise, they got nothing. Markets remain erratic and unstable.

9/30/13; 7:00 PM EST EOM =

9/30/13; 9:30 AM EST = +18; signal line is +44

9/29/13; 7:00 PM EST = +18; signal line is +44

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short moving into the new week of trading. XLF 20.01 was key last week and remains key this week. Very simply, equity markets will tumble lower if XLF 20.01 is lost, but will recover and float higher if XLF remains above 20.01. UTIL 471.77 and 483.57 are important and price starts out in the middle of these two key numbers. The 483.57 carries a lot of bull-bear clout this week. GTX 4889 is important. GTX begins at 4876 causing bearishness in the broad indexes. Markets will remain weak if VIX stays above 14.67, now at 15.46. Thus, pay most attention to XLF 20.01 (now causing bullishness), UTIL 483.57 (now causing bearishness) and GTX 4889 (now causing bearishness).

For the SPX starting at 1692, bulls need to touch the 1696 handle and a big upside equity party will result. The bears need to push under 1687 to accelerate the market downside. A move through 1688-1695 is sideways action for Monday. If either UTIL moves above 483.57, or GTX above 4889, the imminent turn status will return to the title line since the algo will likely be positioned for a flip back to the long side. If the SPX moves above 1696 and higher with stronger utilities (UTIL 483.57) and commodities (GTX 4889), Keybot will likely flip long. If XLF drops under 20.01, the broad indexes will start accelerating downwards in earnest. An exciting week is ahead with the bears driving the bus to begin the journey. Keybot prints two pre-scheduled numbers this week, one on Monday evening, and one on Friday morning. Markets remain erratic and indecisive. Anything can happen especially with the political clown show over the Continuing Resolution (CR) to fund the government hitting the fan tomorrow.

10/6/13; 7:00 PM EST =

10/4/13; 9:00 AM EST =

9/30/13; 7:00 PM EST EOM =

9/29/13; 7:00 PM EST = +18; signal line is +44

9/27/13; 11:51 AM EST = +18; signal line is +45

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is on the short side through the weekend. The weaker utilities and higher volatility caused the bulk of the market weakness on Friday and will be important come Monday. The two key UTIL numbers the algo is tracking for next week are 483.57 (50-week MA) and 471.77 (the closing print 15 weeks ago) so bulls will receive a lift with an easy beat staying above 472 after the opening bell rings. This action will likely place the algo on imminent turn status again. The financials, XLF 20.01, will likely carry the clout and decide overall broad market direction forward. Bulls recover and move equities higher if they keep financials elevated but the markets will begin tumbling lower in earnest if XLF fails at 20.01. Other areas and levels of interest can be identified once the algo prints the Sunday pre-scheduled number tomorrow.

9/29/13; 7:00 PM EST =

9/27/13; 11:51 AM EST = +18; signal line is +45

9/27/13; 10:37 AM EST = +32; signal line is +46

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short as the markets stumble sideways through the Friday session. Lots of drama at XLF 20.01 today and the bulls keep the financials, and markets, buoyant. GTX lost the 4889 level and is helping the bears. VIX is well above 15 creating market negativity. The XLF 20.01 is very important.

9/29/13; 7:00 PM EST =

9/27/13; 11:51 AM EST = +18; signal line is +45

9/27/13; 10:37 AM EST = +32; signal line is +46

9/27/13; 10:00 AM EST = +18; signal line is +46

9/9/13; 9:59 AM EST = +18; signal line is +47; go short 1689; (Benchmark SPX for 2013 = +18.4%)(Keybot this trade = +1.7%; Keybot for 2013 = +13.6%)(Actual this trade = +1.5%; Actual for 2013 = +6.8%)

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips short at SPX 1689. The markets have many moving parts and cross currents with UTIL 485.33, 483.57 (use this number instead of 483.55), VIX 14.67, GTX 4889 and XLF 20.01 of most concern. Weaker utilities and higher volatility are causing the market weakness and flip to the short side, however, commodities and copper are higher. The algo program and the actual trading both gained about one and one-half percent on the last trade. Keybot exited SPY and entered SDS. As always, stay alert for a whipsaw today or Monday which would not be surprising in these erratic markets. Bears need XLF sub 20.01 to lock in the downside. Bulls need UTIL above 485.33 and VIX under 14.67 to regain control. Markets are dicey. For now the bears are running with the ball. The UTIL number of importance for next week is 471.77 far under this weeks 485.33 so this will help the bulls come Monday morning.

9/29/13; 7:00 PM EST =

9/27/13; 10:37 AM EST = +32; signal line is +46

9/27/13; 10:00 AM EST = +18; signal line is +46

9/9/13; 9:59 AM EST = +18; signal line is +47; go short 1689; (Benchmark SPX for 2013 = +18.4%)(Keybot this trade = +1.7%; Keybot for 2013 = +13.6%)(Actual this trade = +1.5%; Actual for 2013 = +6.8%)

9/27/13; 9:42 AM EST = +34; signal line is +48 but algorithm remains long

9/27/13; 9:39 AM EST = +50; signal line is +47

9/26/13; 3:59 PM EST = +64; signal line is +45

9/26/13; 1:33 PM EST = +48; signal line is +43

9/25/13; 9:48 AM EST = +64; signal line is +42

9/25/13; 9:33 AM EST = +48; signal line is +40

9/24/13; 1:18 PM EST = +64; signal line is +37

9/24/13; 10:00 AM EST = +48; signal line is +35

9/23/13; 9:30 AM EST = +49; signal line is +34

9/23/13; 10:02 AM EST = +65; signal line is +32

9/23/13; 9:30 AM EST = +49; signal line is +29

9/22/13; 7:00 PM EST = +63; signal line is +27

9/20/13; 2:28 PM EST = +63; signal line is +24

9/20/13; 2:14 PM EST = +49; signal line is +22

9/20/13; 10:06 AM EST = +63; signal line is +20

9/18/13; 2:12 PM EST = +79; signal line is +18

9/18/13; 2:00 PM EST = +63; signal line is +14

9/18/13; 10:34 AM EST = +47; signal line is +11

9/18/13; 9:30 AM EST = +33; signal line is +9

9/18/13; 9:00 AM EST = +17; signal line is +6

9/17/13; 11:15 AM EST = +17; signal line is +5

9/15/13; 7:00 PM EST = +31; signal line is +3

9/13/13; 10:00 AM EST = +31; signal line is +1

9/12/13; 9:30 AM EST = +31; signal line is -0

9/11/13; 10:05 AM EST = +47; signal line is -1

9/11/13; 9:31 AM EST = +33; signal line is -3

9/10/13; 3:59 PM EST = +47; signal line is -3

9/9/13; 1:59 PM EST = +33; signal line is -4

9/9/13; 9:43 AM EST = +17; signal line is -5; go long 1661; (Benchmark SPX for 2013 = +16.5%)(Keybot this trade = +0.5%; Keybot for 2013 = +11.9%)(Actual this trade = +0.5%; Actual for 2013 = +5.3%)

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

Keybot the Quant remains long moving into the Friday session. The bears keep tapping on the door for a few days now first trying to send JJC under 40-ish but it bounced. Then taking the VIX up to 14.67 but it leaks lower unable to move up through. Then XLF keeps tapping on 20.01 but the bears cannot push it under. Then today, the UTIL 485.33 level gave way to place a lid on the equity markets but in the final minute UTIL poked back above 485.33 to help the bulls. Equities will likely move in the same direction as UTIL after the opening bell tomorrow. UTIL 485.33 and 483.55 are two key levels that would usher in bearishness. UTIL 483.55 is a trap-door that may flush the SPX 20 or 30 handles in a short time period if it fails.

So the parameters causing market bullishness are UTIL 485.33, 483.55, XLF 20.01, JJC 40.02 and VIX 14.67. The bears need to turn at least one parameter bearish, otherwise, the SPX will move up over 1700 and higher. If one parameter turns bearish, it will place a cap on equities and prevent the broad indexes from moving higher. If the bulls keep all the parameters in the bull camp, equities will float higher. If the bulls move GTX above 4888, this will create upside fuel that takes the SPX to 1710 and perhaps higher.

For the SPX starting at 1699, the bulls need to touch the 1704 handle and price will move to 1710 quickly. The bears need to push under 1693 and the mid-1680's are on the way in short order. A move through 1694-1703 is sideways action.  The imminent turn notation is in the title line above since if the bears can turn two of the five parameters to the bear side, UTIL 485.33, UTIL 483.55, XLF 20.01, JJC 40.02, VIX 14.67, and move the SPX under 1693, and remain under, Keybot will likely flip to the short side. If all five levels of interest stay bullish, the broad indexes will float higher, and GTX 4888 would send equities strongly higher. Markets are erratic and unstable. Keybot prints a pre-scheduled number tomorrow morning.

9/27/13; 10:00 AM EST =

9/26/13; 3:59 PM EST = +64; signal line is +45

9/26/13; 1:33 PM EST = +48; signal line is +43

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

Keybot the Quant remains long but markets are becoming dicey. UTIL failed at 485.33 which places a lid on any further market upside. Bears will receive further fuel if UTIL 483.55 fails. Also XLF is 20.04 on the ragged edge of the 20.01 bull-bear line in the sand. On the bull side, GTX is now dancing with 4888.  A turn may be imminent since if XLF or UTIL fails the numbers listed, and the SPX drops under 1692, Keybot will likely flip short. Bulls must push equities higher right away and prevent any further failure, otherwise, they will lose control. An exciting finish may be on tap. The algo number is only 5 points from the signal line. Watch UTIL 483.55 and XLF 20.01 since either failure signals trouble ahead for equities.

9/27/13; 10:00 AM EST =

9/26/13; 1:33 PM EST = +48; signal line is +43

9/25/13; 9:48 AM EST = +64; signal line is +42

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The bears are given two days of chances to turn the tables but they cannot develop strength. Since the bears do not want to push markets lower, the bulls will float equities higher, and, if GTX moves above 4888, now at 4856, more upside bull fuel will be provided for the broad indexes. The bears have several opportunities available to move markets lower; UTIL 485.33, XLF 20.01, VIX 14.67 and JJC 40.00. All four parameters are bullish currently so the bears need to move at least one of them across the level shown to create market negativity.

For the SPX starting at 1693, the bears have an easy road, only needing one-point lower, to drop under 1692 and the downside will accelerate into the mid 1680's. The bulls need to touch the 1702 handle and the upside will accelerate to 1710 in quick order. A move through 1693-1700 is sideways action. Markets are very indecisive. If GTX stays under 4888, the equity upside is limited. If any of the other four parameters above turn bearish, this places a firm lid on any further market upside. If 2 of the 4 parameters above turn bearish, and the SPX drops under 1692, and remains under, Keybot will likely flip to the short side. To begin the day, the bulls remain in firm control. S&P futures are +3 about 3-1/2 hours before the opening bell.

9/27/13; 10:00 AM EST =

9/25/13; 9:48 AM EST = +64; signal line is +42

9/25/13; 9:33 AM EST = +48; signal line is +40

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the Wednesday session rolls along. The bears push XLF under 20.01 today, and the SPX under 1695, but then fold like a cheap suit. The XLF jumps above 20.01 and stays above today, the JJC remains above 39.99 all day and the VIX is well under 14.67. Thus, the bulls are not particularly worried. SPX stumbles sideways at 1695. The bears need XLF sub 20.01 if they want to create equity selling. If 2 of the 3 parameters above turn bearish and the SPX drops under 1692 and stays under, Keybot will likely flip short. Otherwise, the bulls motor along unconcerned.

9/27/13; 10:00 AM EST =

9/25/13; 9:48 AM EST = +64; signal line is +42

9/25/13; 9:33 AM EST = +48; signal line is +40

9/24/13; 1:18 PM EST = +64; signal line is +37

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long moving into the Wednesday session. Market bears were given a second chance at the brass ring in a late-day sell-off yesterday, but, just like the morning action, the bears were not able to increase the negativity. This behavior sets up high drama for the Wednesday opening bell with financials and copper, XLF 20.01 and JJC 39.99, respectively, controlling market direction. XLF sits exactly on top of the 20.01 identified by Keybot as the bull-bear line in the sand. JJC is 40.03 four pennies above the critical 39.99 bull-bear line in the sand. So the day begins with both parameters in the bull camp creating market lift. Bulls will send markets higher if financials and copper remain buoyant. Bears will send equities lower if either parameter turns negative. Since XLF sits directly on top of the algo's number, the pivot in financials at the opening bell will send markets in the same direction. Copper is up in early trading which would send JJC higher maintaining bullishness.

VIX 14.67 remains important as well. Market downside will be locked in when the VIX moves above 14.67. If VIX remains under 14.67, beginning the day at 14.08, the bulls will remain in overall market control moving forward. For the SPX starting at 1697, the bulls need to touch the 1708 handle and it will be smooth sailing higher for equities. The bears need to push under 1695, only two points lower, to accelerate the downside which would tag 1691 in quick order. A move through 1696-1707 is sideways action. S&P futures are -4 as this is typed about 5 hours before the U.S. open. If both financials and copper turn bearish, and the SPX drops under 1695, and remains under, Keybot will likely flip short.

9/29/13; 7:00 PM EST =

9/27/13; 10:00 AM EST =

9/24/13; 1:18 PM EST = +64; signal line is +37

9/24/13; 10:00 AM EST = +48; signal line is +35

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long.  The bears were given the markets on a silver platter this morning. Copper failed at the open (JJC sub 39.99), the VIX moved higher to test the 14.67 line in the sand, and XLF came down for a look at 20.00. A little push was all that was needed but the bears folded like a cheap suit. The VIX collapsed under 14, XLF jumped higher and copper recovered (JJC above 39.99) about one and one-half hour ago. Bulls remain in control but watch JJC 39.99, VIX 14.67 and XLF 20.00.

9/27/13; 10:00 AM EST =

9/24/13; 1:18 PM EST = +64; signal line is +37

9/24/13; 10:00 AM EST = +48; signal line is +35

9/23/13; 9:30 AM EST = +49; signal line is +34

9/23/13; 10:02 AM EST = +65; signal line is +32

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The algo is now tracking volatility, copper and financials as the priority areas most impacting broad market direction; VIX 14.67, JJC 39.97 and XLF 20.00, respectively. Copper is weak in early trading this Tuesday morning, down about -1%, so this would push JJC from the current print at 40.54 down 41 pennies to about 40.13 nearing the 39.97 bull-bear danger line that would create market negativity. If the bulls can keep VIX under 14.67, and JJC and XLF elevated above their levels of interest, equities will float higher. Markets will sell off if any of the three parameters turn bearish and the negativity will increase if 2 or all 3 turn bearish.

For the SPX starting at 1702, the bears have the easy road, only needing to drop under 1697 to accelerate the downside to 1691 in a flash. The bulls need to push up through 1711 to accelerate the upside. A move through 1698-1710 is sideways action. 

9/24/13; 10:00 AM EST =

9/23/13; 10:02 AM EST = +65; signal line is +32

9/23/13; 9:30 AM EST = +49; signal line is +29

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the new week begins. Utilities fell at the opening bell but as soon as the 10-year yield fell the utes leap higher. UTIL is above both 483.53 (use this number instead of the 483.35; it is the 50-week MA) and 485.33 which helps the bull case. GTX collapsed through 4889 which creates bear fuel. VIX is fighting exactly on the 14.67 bull-bear danger line; the move in the VIX from here is very important. Up VIX means down markets and down VIX markets will recover. JJC is 40.35 well above the 39.97 bull-bear line. Financials are now tracked by the algo. Watch XLF 20.00 now at 20.12. A failure of XLF at 20.00 will substantially weaken equities. Bulls will be relaxed and unconcerned if VIX stays under 14.67 and XLF above 20. Thus, with UTIL in the bull camp, and GTX in the bear camp, watch VIX 14.67 and XLF 20.00 to determine market direction today.

The SPX failed under 1709 so price dropped to test the 1705-1706 support, and failed that level, now testing the 1698-1700 support. Bulls are in control but things are shaky. Volatility and financials will tell the tale today.

9/24/13; 10:00 AM EST =

9/23/13; 10:02 AM EST = +65; signal line is +32

9/23/13; 9:30 AM EST = +49; signal line is +29

9/22/13; 7:00 PM EST = +63; signal line is +27

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long moving into the new week of trading. UTIL 485.33 and 483.35 are key numbers for all of this week. UTIL begins at 485.33 so the directional move in utilities at the opening bell should move markets in that same respective direction. Also watch GTX 4889, JJC 39.97 and VIX 14.60. All three are creating bullishness in markets so any flip to the bear side will further stall any upside rally. If the bulls can keep UTIL above 485.33 all week long and commodities, copper and volatility in the bull camp, then new all-time highs will occur moving forward. Any move to the bear side by any parameter above will place a lid on the equity upside.

For the SPX starting at 1710, the bears have the easy road only needing one negative point, to drop under 1709, and the downside will accelerate. The bulls need to push above 1725 to regain the upside mojo. A move through 1710-1724 is sideways action. The bulls are driving the bus and remain in full control. Keybot prints two pre-scheduled numbers this week, one on Tuesday and one on Friday.

9/29/13; 7:00 PM EST =

9/27/13; 10:00 AM EST =

9/24/13; 10:00 AM EST =

9/22/13; 7:00 PM EST = +63; signal line is +27

9/20/13; 2:28 PM EST = +63; signal line is +24

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is bullish through the weekend. Note how UTIL closes exactly on the 485.33 number which is important for all next week. The algo identifies another number in advance; amazing how it works out this way quite often. This one is not so much of a mystery, however, since it is the weekly close 15-weeks ago. Many algo's, including Keybot, have the utility 15-week look-back number programmed as well as the 50-week MA so the robots parked UTIL on the line at 485.33 and the move on Monday will send markets in the same direction as UTIL moves. Next week's areas and levels of interest can be identified once the Sunday pre-scheduled number prints tomorrow. UTIL 485.33, 483.35 and GTX 4889 will be key.

9/22/13; 7:00 PM EST =

9/20/13; 2:28 PM EST = +63; signal line is +24

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long but the failure of UTIL 486.89 this morning ushered in market weakness and placed a lid on equities. About an hour ago, GTX failed through 4889 which led to the broad index lows today, but the bulls push GTX back above 4889 providing market lift again. At 4 PM, the UTIL 486.89 will no longer matter and instead 485.33 takes its place. Thus, for utilities next week, UTIL 483.35 and 485.33 are the two key bull-bear lines in the sand so write them on a sticky note and place them on your desktop. The closing print today is very important for UTIL in relation to 483.35 and 485.33 since this provides you a heads up on broad market direction for Monday's opening bell. The bears are fighting back so it is prudent to raise the caution flag again. The bulls remain in strong control.

9/22/13; 7:00 PM EST =

9/20/13; 2:28 PM EST = +63; signal line is +24

9/20/13; 2:14 PM EST = +49; signal line is +22

9/20/13; 10:06 AM EST = +63; signal line is +20

9/18/13; 2:12 PM EST = +79; signal line is +18

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The bulls are driving the car and the bears are in the trunk. Market bears need to either push UTIL under 483-487, GTX under 4888 and/or the VIX above 14.60. All three remain formidable tasks but in these erratic markets anything may happen. If any of the three parameters move to the bear camp, a firm lid will be placed on any further market upside. If the three parameters remain bullish, equities will continue to float higher.

For the SPX starting at 1722, the bulls need to touch the 1730 handle, and hold it a few minutes, and a new upside party well into the 1730's will occur in quick order. The bears have an easier path needing to push the SPX only two points lower under 1720 to accelerate the downside. A move through 1721-1729 is sideways action today. S&P futures are -1 at this writing about five hours before the U.S. opening bell. The bulls remain in firm control overall.

9/22/13; 7:00 PM EST =

9/18/13; 2:12 PM EST = +79; signal line is +18

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as the smoke clears from the Fed decision to not taper the QE easy money. The algo is pushed into the ceiling now. At its core, Keybot is an oscillator with +100 and -100 the entire range. At +79, and considering the remaining program parameters that may or may not cause the algo number to move yet higher, Keybot is likely at its loftiest level that it can attain in the current weekly time frame. The SPX prints new record all-time highs. The algo number is over 60 points above the signal line so the bulls are driving the bus in full control of the markets and the bears are now riding along in the luggage department.

The bears will focus on commodities, volatility and utilities to try and stop the upside momo. Watch GTX 4888, VIX 14.64 and the UTIL 483-487 area. Bears got nothing unless one of these levels can be achieved. For the SPX today starting at 1725, the bulls need to push up through 1729.50 to create a further upside acceleration. Bulls are cruising.

9/22/13; 7:00 PM EST =

9/18/13; 2:12 PM EST = +79; signal line is +18

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as the markets catapult higher on the surprising Fed announcement of 'No Taper'. All four key parameters highlighted today are bullish and the utilities also moved through a second bullish number at UTIL 486.89 so the bulls are running strongly higher. The algo number is near 80 with the majority of parameters all in the bull camp. It is the bulls day today.

9/22/13; 7:00 PM EST =

9/18/13; 2:12 PM EST = +79; signal line is +18

9/18/13; 2:00 PM EST = +63; signal line is +14

9/18/13; 10:34 AM EST = +47; signal line is +11

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as the bulls bounce copper and commodities to maintain elevated equities. JJC is back above 39.90 and GTX above 4888 so the bulls are not worried or concerned. The bears must reverse the upside move in JJC and/or GTX today, or send VIX above 14.64, to receive downside market fuel. Otherwise, markets will continue floating higher. Markets are jumpy and can change quickly so stay alert for wild swings either way. The bulls are in control. The caution and imminent turn warnings are removed since the algo number is now 36 ticks above the signal line.

9/22/13; 7:00 PM EST =

9/18/13; 10:34 AM EST = +47; signal line is +11

9/18/13; 9:30 AM EST = +33; signal line is +9

9/18/13; 9:00 AM EST = +17; signal line is +6

9/17/13; 11:15 AM EST = +17; signal line is +5

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

Keybot the Quant remains long but considering today is the Fed taper announcement day, anything can happen. The SPX kept bumping up against the 1705 level yesterday but could not remain above. For today, starting at 1705, the bulls only need less than one-point higher, to 1705.50, and the upside will accelerate a few handles, the 1707 gap will be filled, and the 1710 all-time closing and intraday top will be quickly tested. The bears need to push under 1698 to accelerate the downside. A move through 1699-1705 is sideways action.

The algo is tracking four areas of interest; commodities GTX 4888, volatility VIX 14.64, copper JJC 39.90 and utilities UTIL 483.35. Bulls need higher commodities, copper and/or utilities to continue the upside party into the SPX 1720's. Bears need to push volatility above VIX 14.64 to firmly lock in broad market selling. If all four parameters remain in their bull and bear camps all day, the markets will simply float sideways. Keybot prints a pre-scheduled number this morning and GTX may provide action early in the day. Copper is up about 0.4% in early trading this morning which would send JJC up into the 39.60's remaining short of the bull-bear line at 39.90. The algo number is now only 12 points away from the signal line. If the VIX moves above 14.64, and the SPX drops under 1698, it is likely that Keybot would flip to the short side. Therefore, the caution and imminent turn notations are added to the title line above. Today is a big day for markets.

9/22/13; 7:00 PM EST =

9/18/13; 9:00 AM EST =

9/17/13; 11:15 AM EST = +17; signal line is +5

9/15/13; 7:00 PM EST = +31; signal line is +3

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long moving into the Tuesday session. The algo did not print any numbers yesterday. Note how the bulls pushed UTIL above 483.35 but 4 minutes later it failed. That, along with lackluster copper, took the wind out of the upside market move. Today is a fight between copper and volatility. Utilities and commodities are important as well. Bulls need to push JJC above 39.90, or UTIL above 483.35, to receive more upside fuel. Bears need to push VIX above 14.65, or GTX under 4892, to receive downside fuel. JJC 39.90 and VIX 14.65 are the key. If JJC stays under 39.90, and VIX stays under 14.65, equities should stumble sideways. Bulls win with higher copper and bears win with higher volatility.

For the SPX starting at 1698, the bulls need to touch the 1705 handle, and a test of the all-time high at 1710 will occur quickly. The bears need to push under 1692 to accelerate the downside. A move through 1693-1704 is sideways action.

9/18/13; 9:00 AM EST =

9/15/13; 7:00 PM EST = +31; signal line is +3

9/13/13; 10:00 AM EST = +31; signal line is +1

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long to begin the new week of trading. VIX 14.58 will create market bearishness (now at 14.16 creating bullishness). JJC 39.92 will create market bullishness (now at 39.51 creating bearishness). UTIL 483.35 and XLF 19.96 are key bull-bear levels as well. Utilities are creating bearishness and financials are creating bullishness. Any changes to the four parameters above will send markets in that respective direction.

For the SPX starting at 1688, the bulls need only one-point, to touch the 1689 handle, and price will slice up through the strong 1691 resistance like a hot knife through butter, beginning the trek to 1700+. The bears must push under 1683 to accelerate the downside. A move through 1684-1688 is sideways action. The bulls are driving the bus. Keybot prints one pre-scheduled number this week on Wednesday morning. If either volatility moves higher above VIX 14.58 or financials lower under XLF 19.96, the caution flag is required and if both parameters turn bearish a turn back to the short side would be imminent. Bulls need higher copper to continue the market move higher.

9/22/13; 7:00 PM EST =

9/18/13; 9:00 AM EST =

9/15/13; 7:00 PM EST = +31; signal line is +3

9/13/13; 10:00 AM EST = +31; signal line is +1

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long through the weekend. The bears made a run early Friday morning taking the VIX to 14.55, only 3 cents from the 14.58 bull-bear line in the sand, but the bears did not have enough juice to push volatility any higher. Amazing how Keybot identifies these key numbers ahead of time.  The 10 AM pre-scheduled number results in a one-point increase in the signal line. Markets floated along sideways with an upward bias at the closing bell. Volatility, copper, utilities and financials are all important parameters. The areas and levels of interest can be identified once the Sunday pre-scheduled number prints.

9/15/13; 7:00 PM EST =

9/13/13; 10:00 AM EST = +31; signal line is +1

9/12/13; 9:30 AM EST = +31; signal line is -0

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long moving into the Friday session. Copper collapsed yesterday, JJC dropping under 39.94, so this places a lid on the market upside. Bulls need to regain JJC 39.94 to send equities higher. Copper is up slightly in early trading but not enough to send JJC substantially higher, yet.  Volatility remains under the important VIX 14.58 number, continuously calculated by the algo, which creates bull market fuel. Market bears need to push the VIX above 14.58 to send equities lower.

For the SPX starting at 1683, the bulls need to touch the 1690 handle and the upside will accelerate beginning the trek to 1700+. The bears have an easier path, only needing to push under 1682, a point or so lower, to accelerate the downside towards 1675 and 1669 support levels. A move through 1683-1689 is sideways action. Keybot prints a pre-scheduled number this morning. The bulls remain in control. Watch JJC 39.94, VIX 14.58 and SPX 1690 and 1682. If VIX moves above 14.58, the caution flag will be required since the bears will be pushing equities lower.

9/15/13; 7:00 PM EST =

9/13/13; 10:00 AM EST =

9/12/13; 9:30 AM EST = +31; signal line is -0

9/11/13; 10:05 AM EST = +47; signal line is -1

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long and the bulls are cruising. Volatility was crushed lower today which created further bull fuel. Interestingly, the bulls need utilities to move higher to send the SPX to 1700+ but utes stumbled lower today. More VIX drama should be on tap for Thursday; watch VIX 14.58. Also watch JJC 39.94 and GTX 4882. All three are bullish and markets continue higher if they remain bullish. Bears need to bring one of the three into the bear camp to stop the upward market momo.

For the SPX starting at 1689, closing at the highs once again, the bulls only need to see a tiny smidge of positivity in the overnight futures and the upside will accelerate. The 1691 is the last strong resistance level before 1700+ so a lot is on the line now. The bears need to push under 1679 to accelerate the downside. A move through 1680-1688 is sideways action.

9/13/13; 10:00 AM EST =

9/11/13; 10:05 AM EST = +47; signal line is -1

9/11/13; 9:31 AM EST = +33; signal line is -3

9/10/13; 3:59 PM EST = +47; signal line is -3

STOCK MARKET BULLISH -- LONG

Keybot the Quant motors along on the long side without printing a number until the final minute of trading becoming even more bull friendly. XLF and RTH jumped higher at the open so the markets did as well and the SPX gained a point to kick in an upside acceleration. The algo is tracking several sectors and areas of interest now; there are lots of moving part currently. At the bell, the most important parameter is VIX 14.58. The VIX closed at 14.53 creating bullishness. Markets continue higher if VIX stays under 14.58. If the VIX moves above 14.58, equities will stall and move sideways to sideways lower. Copper is key, JJC 39.95. JJC is 40.06 so the bulls need to push copper higher while the bears need to push JJC under 39.95. Watch copper overnight since this provides a clue, up copper means up equities tomorrow, down copper down equities. Commodities are back in play. GTX is 4948 and the 4882 level would create trouble in the broad indexes. The bulls need higher utilities to attain SPX 1700+. Watch UTIL 482-483 which would create a big upward thrust in equities (UTIL begins tomorrow at 479.41).

For the SPX starting at 1684, closing at the highs, the bulls only need to see a smidge of green in the futures and the upside is assured with a move to test 1685 and 1691 resistance, the only two levels standing in the way of 1700. The bears need to push under 1675 to accelerate the downside. A move through 1676-1683 is sideways action. The bulls are driving the bus. For now, the caution flag is removed but things can change quickly. VIX 14.58 is the number to watch as trading begins since it tells you which side wins.

9/13/13; 10:00 AM EST =

9/10/13; 3:59 PM EST = +47; signal line is -3

9/9/13; 1:59 PM EST = +33; signal line is -4

9/9/13; 9:43 AM EST = +17; signal line is -5; go long 1661; (Benchmark SPX for 2013 = +16.5%)(Keybot this trade = +0.5%; Keybot for 2013 = +11.9%)(Actual this trade = +0.5%; Actual for 2013 = +5.3%)

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the long side today. Copper was strong overnight (JJC above 39.96) so the bulls were running. RTH leaped above 53.74 at the opening bell adding more bull fuel. In the afternoon, financials chime in to help bulls gain more upside with XLF above 19.94. Bulls broke up through the SPX 1665 upper limit from Friday which created an upside acceleration. The algo flips long gaining one-half percent for the program and the trade. Keybot exits SH and enters SPY. For Tuesday, XLF 19.94 is the most important parameter. If it stays above, equities move higher, below, and it will drag equities lower. If financials fail, watch RTH 53.74 since this would create more bear fuel. The bulls need higher utilities to continue the upside move.

For the SPX on Tuesday beginning at 1672, the bulls only need one point higher to create an upside acceleration, so watch to see if any green appears in the overnight futures which tells you that a several handle move higher in the SPX is on tap. The bears need to stop the upside mojo and this will be accomplished by pushing XLF under 19.94 and/or RTH under 53.74. The bulls are driving the bus for the first time in 3 weeks. As always, watch for a whipsaw move back to the bear side, which would only occur if you see severe weakness show in retail and financials.

9/13/13; 10:00 AM EST =

9/9/13; 1:59 PM EST = +33; signal line is -4

9/9/13; 9:43 AM EST = +17; signal line is -5; go long 1661; (Benchmark SPX for 2013 = +16.5%)(Keybot this trade = +0.5%; Keybot for 2013 = +11.9%)(Actual this trade = +0.5%; Actual for 2013 = +5.3%)

9/8/13; 7:00 PM EST = +1; signal line is -6 but algorithm remains short

9/6/13; 3:41 PM EST = +1; signal line is -6 but algorithm remains short

9/6/13; 12:17 PM EST = +17; signal line is -6 but algorithm remains short

9/6/13; 10:56 AM EST = +1; signal line is -7 but algorithm remains short

9/6/13; 10:19 AM EST = -15; signal line is -7

9/6/13; 9:46 AM EST = +1; signal line is -7 but algorithm remains short

9/6/13; 9:37 AM EST = +17; signal line is -7 but algorithm remains short

9/6/13; 9:00 AM EST = -15; signal line is -9

9/5/13; 3:43 PM EST = -15; signal line is -8

9/5/13; 9:42 AM EST = +1; signal line is -8 but algorithm remains short

9/4/13; 1:59 PM EST = -15; signal line is -8

9/4/13; 1:29 PM EST = +1; signal line is -8 but algorithm remains short

9/4/13; 1:10 PM EST = -15; signal line -8

9/4/13; 12:12 PM EST = +1; signal line is -8 but algorithm remains short

9/4/13; 10:00 AM EST = -15; signal line is -8

9/4/13; 9:30 AM EST = -31; signal line is -8

9/3/13; 9:30 AM EST = -15; signal line is -7

9/1/13; 7:00 PM EST EOM = -31; signal line is -7

8/30/13; 10:00 AM EST = -31; signal line is -5

8/29/13; 3:59 PM EST = -30; signal line is -3

8/27/13; 10:00 AM EST = -14; signal line is -2

8/26/13; 3:15 PM EST = -15; signal line is -1

8/26/13; 12:07 PM EST = -1; signal line is +0

8/26/13; 11:23 AM EST = +15; signal line is +0 but algorithm says stay short

8/26/13; 11:21 AM EST = +31; signal line is +0 but algorithm says stay short

8/26/13; 11:01 AM EST = +15; signal line is -0 but algorithm says stay short

8/26/13; 9:50 AM EST = -1; signal line is -1 but algorithm says stay short

8/26/13; 9:31 AM EST = -15; signal line is -1

8/25/13; 7:00 PM EST = -1; signal line is +0

8/23/13; 3:20 PM EST = -1; signal line is +1

8/23/13; 11:21 AM EST = -15; signal line is +2

8/23/13; 10:55 AM EST = +1; signal line is +4

8/20/13; 2:34 PM EST = -15; signal line is +6

8/20/13; 2:22 PM EST = +1; signal line is +9

8/20/13; 2:14 PM EST = -15; signal line is +11

8/20/13; 1:16 PM EST = +1; signal line is +14

8/20/13; 12:34 PM EST = -15; signal line is +16

8/20/13; 12:17 PM EST = +1; signal line is +18

8/20/13; 12:16 PM EST = -15; signal line is +20

8/20/13; 11:40 AM EST = +1; signal line is +22

8/20/13; 11:30 AM EST = -15; signal line is +25

8/20/13; 10:27 AM EST = +1; signal line is +27

8/18/13; 7:00 PM EST = -15; signal line is +29

8/16/13; 12:40 PM EST = -15; signal line is +32

8/16/13; 12:23 PM EST = -1; signal line is +34

8/16/13; 11:56 AM EST = +15; signal line is +35

8/16/13; 11:40 AM EST = +31; signal line is +36

8/16/13; 11:37 AM EST = +15; signal line is +38

8/16/13; 11:08 AM EST = -1; signal line is +39

8/16/13; 10:47 AM EST = +15; signal line is +41

8/16/13; 10:15 AM EST = -1; signal line is +42

8/16/13; 10:00 AM EST = +15; signal line is +44

8/16/13; 9:49 AM EST = +17; signal line is +45

8/16/13; 9:00 AM EST = +3; signal line is +46

8/15/13; 1:05 PM EST = +3; signal line is +48

8/15/13; 11:29 AM EST = +17; signal line is +50

8/15/13; 9:50 AM EST = +3; signal line is +51

8/15/13; 9:43 AM EST = +33; signal line is +53; go short 1669; (Benchmark SPX for 2013 = +17.0%)(Keybot this trade = -1.5%; Keybot for 2013 = +11.4%)(Actual this trade = -2.8%; Actual for 2013 = +4.8%)

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains short through the weekend but the algo wants to go long. Copper, retail and utilities dictate market direction; JJC 39.93 (now at 40 creating bullishness), RTH 53.74 (now 53.58 creating bearishness) and UTIL 482.16 and 483.35 (now 473.37 creating bearishness). Any change to any parameter will push markets in that direction. Copper trading will provide a hint overnight Sunday. Retail earnings this week and retail sales on Friday will dictate RTH's move.

The algo is latching on and off at 1657 so a move to the long side is likely from here. The bears must weaken copper overnight, if so, they can send markets lower. If the bulls keep copper elevated overnight, it is likely smooth sailing higher for equities and Keybot will likely flip long. The Friday action established a high at 1665 and low at 1640 so the move from this range is the winner going forward. A turn to the long side appears imminent and the copper direction overnight is of great importance. Keybot prints one pre-scheduled number this week on Friday morning.

9/15/13; 7:00 PM EST =

9/13/13; 10:00 AM EST =

9/8/13; 7:00 PM EST = +1; signal line is -6 but algorithm remains short

9/6/13; 3:41 PM EST = +1; signal line is -6 but algorithm remains short

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains short after a wild day of erratic market action but the algo wants to go long (algo number 7 points above the signal line). The SPX moved over 66 handles yesterday, 4% of its total points, within a large sideways range of 1640-1665 (25-handle range), and remains undecided on which way to break. Keybot is champing at the bit to go long but other parameters will not latch to allow the move as yet. Copper and retail sectors were determining market direction on Friday, both up and down. If the SPX moves above 1657 on Monday, only two points higher, Keybot will likely flip long. Utilities, copper, retail and financials are all important currently. The areas and levels of interest can be identified once the Sunday pre-scheduled number prints. Markets remain a coin flip with a likely violent move coming, perhaps on Monday.

9/8/13; 7:00 PM EST =

9/6/13; 3:41 PM EST = +1; signal line is -6 but algorithm remains short

9/6/13; 12:17 PM EST = +17; signal line is -6 but algorithm remains short

9/6/13; 10:56 AM EST = +1; signal line is -7 but algorithm remains short

9/6/13; 10:19 AM EST = -15; signal line is -7

9/6/13; 9:46 AM EST = +1; signal line is -7 but algorithm remains short

9/6/13; 9:37 AM EST = +17; signal line is -7 but algorithm remains short

9/6/13; 9:00 AM EST = -15; signal line is -9

9/5/13; 3:43 PM EST = -15; signal line is -8

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains short as more market drama plays out. Markets stumble sideways all day awaiting the Monthly Jobs Report in the morning. Copper was up all night in the overnight session making for happy bulls but one hour before the equities session opened copper collapsed into negative territory. Things were looking good for bears until retail sky-rocketed higher with RTH up and over 53.74. Keybot was only one whisker from going long. Then at the close, RTH faded and closed at 53.73, one single penny under the critical 53.74 bull-bear line in the sand. Amazing how Keybot identifies these numbers in advance of when they occur.  RTH 53.74 is key since markets will now move in the same direction as the retail sector moves. Also watch JJC 39.93, now at 39.84, only 7 cents away, in the bear camp causing market negativity. Retail and copper hold the fate of the markets in their hands.

For the SPX starting at 1655, the bulls need to push above 1659 and it is clear sailing higher. The bears need to push under 1653 to accelerate the downside. A move through 1654-1658 is sideways action, a very tight range, so a winner will likely be decided and price will commit in that direction. If either RTH moves above 53.74, or JJC above 39.93, and the SPX moves and stays above 1659, Keybot will likely flip long. Markets are likely ready to leap one way or the other and the Jobs Report may be the trigger, so a gap up, or gap down is on the table. For now, the bears continue driving the bus but the markets are a coin flip moving forward. Watch copper overnight for an initial hint on how JJC will move. The algo prints a pre-scheduled number in the morning so the action can be updated at that time.

9/6/13; 9:00 AM EST =

9/5/13; 3:43 PM EST = -15; signal line is -8

9/5/13; 9:42 AM EST = +1; signal line is -8 but algorithm remains short

9/4/13; 1:59 PM EST = -15; signal line is -8

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains short after a wild day of market action. The bulls were in position twice today to flip Keybot long but they did not yet have enough juice. This sets up for a big market decision for Thursday. Copper remains the top influence on market direction right now. Watch JJC 39.93, now at 39.87, only 6 pennies away, causing bearishness in equities. Thus, as copper goes so goes equities. Watch the copper trading overnight since it will likely tell you the direction of equities tomorrow. In addition, retail, financials and semiconductors are also very important; RTH 53.74 (now at 53.59 causing negativity), XLF 19.98 (now at 19.75 causing negativity) and SOX 467.60 (now at 473.56 causing bullishness). The upside orgy in semi's was remarkable today, +2.6%. Any move of JJC, RTH or XLF to the bull camp will cause equities to move higher and a move in SOX to the bear camp will usher in the market negativity again.

For the SPX starting at 1653, the bulls need to touch the 1656 handle and an upside acceleration will be in full gear with the SPX heading into the 1660's. If either JJC, RTH and/or XLF turn bullish, as described above, any one of the three, and if the SPX touches 1656 and stays above, Keybot will likely flip to the long side. The bears need to push under 1638 to accelerate the downside, 15 points lower, a formidable task but not impossible. A move through 1639-1655 is sideways action for Thursday. The bears are driving the bus but a turn to the bull side may be imminent. Watch copper overnight.

9/6/13; 9:00 AM EST =

9/4/13; 1:59 PM EST = -15; signal line is -8

9/4/13; 1:29 PM EST = +1; signal line is -8 but algorithm remains short

9/4/13; 1:10 PM EST = -15; signal line -8

9/4/13; 12:12 PM EST = +1; signal line is -8 but algorithm remains short 

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant is short but on the edge of flipping long. RTH is above 53.74 causing bullishness, ditto SOX above 467.60. JJC is 39.75 on the bear side of 39.93. Copper is weak today but the strength in retail and semi's are pushing equities strongly higher. The algo wants to go long now but the internal programming rules are holding it back. One of the key parameters is the SPX price, now at 1653.58. If the SPX moves above 1655, and stays above, Keybot will likely flip long. Bulls have it in their grasp right now with the Beige Book data release only one hour away. A turn may be imminent.

9/6/13; 9:00 AM EST =

9/4/13; 12:12 PM EST = +1; signal line is -8 but algorithm remains short

9/4/13; 10:00 AM EST = -15; signal line is -8

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains bearish as markets perform a flip-flop today. JJC (copper) collapses under 40 helping bears but the semiconductors catapult higher with the SOX overcoming the 467.60 bull-bear line creating the bull fuel that is driving equities higher. The SPX is at 1648 only about 3 points from the 1651+ break out level for today. The algo appears to need JJC move back above 39.93 today, or RTH above 53.73, and for the SPX to move above 1651, and stay above, for Keybot to flip long. SOX 467.60, JJC 39.93 and RTH 53.73 are dictating market direction.

9/6/13; 9:00 AM EST =

9/4/13; 10:00 AM EST = -15; signal line is -8

9/4/13; 9:30 AM EST = -31; signal line is -8

9/3/13; 9:30 AM EST = -15; signal line is -7

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains bearish moving into the Wednesday session. The bulls had a recovery rally delivered on a silver platter yesterday; all that was needed was a few more pennies higher in the retail or semiconductor sectors and the bulls would have exploded higher. Instead, RTH and SOX collapsed and markets lost early gains. Copper is the key and the large move up yesterday in this metal provided the market's bull fuel. Copper is down -1.2% in early trading today. Watch JJC 40.00 as the bull-bear line in the sand. Equities will float higher if JJC stays above 40 but stocks will sell off if JJC 40 fails. The copper weakness should send JJC down to about 40.19 at the opening bell based on current trading.

For the SPX starting at 1640, the bulls need to move above 1651 to lock in an upside acceleration. Bears need to push under 1634 to accelerate the downside. A move through 1635-1650 is sideways action. Retail and semiconductors remain important concerning market direction, but copper rules the roost overall currently.

9/6/13; 9:00 AM EST =

9/3/13; 9:30 AM EST = -15; signal line is -7

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains short as the new week and month is underway. Copper is strongly higher so JJC above 39.97 provides bull juice. Utilities are flat. The bullishness today gives lift to retail and semi's.  The algo is now tracking RTH 53.75 and SOX 467.60. Both are currently on the bear side but only pennies away from creating more market bullishness. The recovery rally will likely have legs if retail and/or semi's move higher and Keybot will likely flip to the long side. The SPX would need to move above 1651.35, and stay above, along with either RTH and/or SOX cooperating, for Keybot to flip long. For that reason, the imminent turn notation is added. The algo number is now only 8 points from the signal line.

9/6/13; 9:00 AM EST =

9/3/13; 9:30 AM EST = -15; signal line is -7

9/1/13; 7:00 PM EST EOM = -31; signal line is -7

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short through the holiday weekend. Trading does not resume until Tuesday morning. To stop the downward market slide, bulls must either push JJC above 39.97, and/or, UTIL above 483.32. Markets will remain weak with a downward bias if copper and utilities remain weak. The bears need to push NYA under 9083 (now at 9271 causing market bullishness) to gain downside fuel.

For the SPX on Tuesday as trading begins at 1633, the bulls need 7 points higher, to poke up through 1640, and an upside acceleration will occur well into the 1640's. The bears need to push 12 points lower, to stab under 1628, and a downside acceleration will occur to test 1623 in short order. A move through 1629-1639 is sideways action to begin the holiday-shortened week. Keybot prints one pre-scheduled number this week on Friday morning. The bears are driving the bus. Happy Labor Day.

9/8/13; 7:00 PM EST =

9/6/13; 9:00 AM EST =

9/1/13; 7:00 PM EST EOM = -31; signal line is -7

8/30/13; 10:00 AM EST = -31; signal line is -5