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%)