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

Keybot the Quant remains long as the market drama picks up quickly for the new week of trading. UTIL falls under the 494.12 bull-bear line in the sand so this helps the bears create market negativity. JJC is 40.51 remaining above the 40.34 bull-bear line in the sand so this limits the downside. Ditto volatility with the VIX falling under 12 to print an 11 handle today. Flat or lower volatility will easily allow the bulls to keep markets elevated. Bulls will receive upside juice if they push UTIL above 494.12. Bears will receive downside juice with JJC 40.34, and if this occurs, along with the SPX losing 1832.50, and both staying below, Keybot will likely flip short. Hence, the imminent turn status is added again. Markets are erratic, unstable and a coin-flip as evidenced by the algo number only 2 ticks from the signal line. For now the bulls maintain control.

1/17/14; 9:00 AM EST =

1/13/14; 9:30 AM EST = +49; signal line is +47

1/12/14; 7:00 PM EST = +65; signal line is +48