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

Keybot the Quant remains long but the algo is champing at the bit to go short. A turn to the short side may be imminent. RTH drops under the critical 58.98 bull-bear line in the sand creating market negativity. The algo wants to go short and is currently seeking to latch the various parameters to allow the move to occur. The key component would be the SPX dropping under 1925.78. If this occurs and holds for about five or more minutes, Keybot will likely flip to the short side. The low print is 1929.69 thus far today so bears need another four points under this level. The bulls will try to push RTH above 58.98 and if they succeed, equities will recover and float higher today.

6/15/14; 7:00 PM EST =

6/13/14; 10:00 AM EST = +47; signal line is +60 but algorithm remains long

6/13/14; 9:36 AM EST = +47; signal line is +60 but algorithm remains long

6/12/14; 3:53 PM EST = +63; signal line is +60