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