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

Keybot the Quant is long moving into the new week of trading. The algo is prioritizing volatility as the most important parameter currently impacting market direction. Watch VIX 14.38 with price beginning at 13.33 one point below the critical bull-bear line in the bull camp creating market positivity. If the VIX moves above 14.38, and the SPX drops under 2065, Keybot will likely flip short. Hence, the imminent turn notation remains in play. Market bulls are fine as long as they keep VIX under 14.38.

For the SPX starting at 2068, the bulls need to touch the 2076 handle and an upside acceleration will occur to 2080 plus. The bears need to push under 2065 to accelerate the downside. A move through 2066-2075 is sideways action for Monday. S&P futures are -9 Sunday evening in the States which would clearly kick in the downside. If the negativity remains into tomorrow morning than volatility will tell the tale. If the stock market sells off after the opening bell, and VIX stays under 14.38, the bears got nothing and stocks will recover. If the VIX moves above 14.38, the market selling is real and sustainable.

12/7/14; 7:00 PM EST =

12/5/14; 9:00 AM EST =

11/30/14; 7:00 PM EST EOM = +58; signal line is +53

11/26/14; 10:00 AM EST = +58; signal line is +52

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

Keybot the Quant remains long through the holiday-shortened session and through the weekend. The algo did not print any numbers today. Volatility ramps up today. The SPX fell through the 2067 level but the VIX is 13.33 and still needs one more point higher to flip the algorithm short. If the VIX would have moved above 14.35 today, Keybot would have likely flipped short. The same story will be in place for Monday; volatility is key. That is why the imminent turn notation is in play; the bears were very close to turning the tables today as everyone enjoys the bullish euphoria.

Next week's areas and levels of interest can be posted once the Sunday pre-scheduled number prints. The bulls are driving the bus but each day is sketchy. Interestingly, the bulls need copper and commodities to move higher to gain more upside steam and instead both sectors collapsed today.

11/30/14; 7:00 PM EST EOM =

11/26/14; 10:00 AM EST = +58; signal line is +52

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

Keybot the Quant remains long as equities float along sideways with an upward bias. Copper, oil and other commodities collapse over the last couple days. The algo is fixated on volatility as the main driver of market direction currently. Watch VIX 14.35. VIX is at 12.07 well below which creates the sideways to sideways up price action in stocks. Bears need VIX above 14.35 to place a lid on the one-month stock market rally. If the VIX moves above 14.35 and the SPX drops under 2067, Keybot will likely flip short.

For the SPX starting at 2073 for the holiday-shortened Friday session (US markets close at 1 PM EST), the bulls only need to see a smidge of green in the S&P futures and an upside acceleration will occur. At this writing about four hours before the opening bell, S&P futures are down -5. The bears need to push under 2067 to accelerate the downside. So the lower futures do not project a rupture of the SPX at 2067 although a test of this level may be on tap. A move through 2068-2073 is sideways action to end the week and month. Today is EOM and November began at 2018 so the bulls are set to log another up month. The Friday after Thanksgiving is typically a low volume up day although over the last decade the day has ended mixed with one-half the days bearish and the other one-half bullish.

11/30/14; 7:00 PM EST EOM =

11/26/14; 10:00 AM EST = +58; signal line is +52

11/25/14; 10:00 AM EST = +57; signal line is +51

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

Keybot the Quant remains long. Same-o fight between VIX 14.35 and JJC 36.87 continues. Copper took a sharp drop lower today losing the 3.00 level sending JJC lower. Bears cannot get any traction, however, without the VIX above 14.35. If the VIX moves above 14.35, and the SPX under 2065, Keybot will likely flip short. If VIX and JJC continue status quo, then markets float sideways with a slight upward bias into Turkey Day.

For the SPX starting at 2067, the bulls need to push above 2074 to create an acceleration to 2080. The bears need to push under 2065, only 2 points lower, to accelerate the downside. A move through 2066-2073 is sideways action for Wednesday. Markets are closed on Thursday for Thanksgiving and close early on Friday at 1 PM EST. The algo prints a pre-scheduled number tomorrow morning shortly after the opening bell. The bulls remain in control.

11/26/14; 10:00 AM EST =

11/25/14; 10:00 AM EST = +57; signal line is +51

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAYBE IMMINENT

Keybot the Quant remains long for over one-month and the algo continues to track volatility and copper as the key market movers currently. Copper keeps drifting lower which will stall stocks from moving higher. However, the bears are not having luck pushing volatility higher. Bears need VIX 14.36. Bulls need JJC 36.90. One will flinch at any time. Until then, markets float sideways with an upward bias.

The SPX poked above 2070 so it jumped above 2074 but then fell on its sword drifting lower. The true path forward will not be known until either copper or volatility flinches. For now, the bulls remain in charge. The pre-scheduled number prints and the algo number and signal line are now only separated by six points.

11/26/14; 10:00 AM EST =

11/25/14; 10:00 AM EST = +57; signal line is +51

11/23/14; 7:00 PM EST = +61; signal line is +50

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

Keybot the Quant remains long moving into the Tuesday session. The algo did not print any numbers during Monday trading and the battle between volatility and copper continues to determine market direction ahead. Bulls need JJC above 36.90. Bears need VIX above 14.34. Comically, both key parameters drift lower on Monday. So not only does neither side want the ball, both are running from the ball. Since the two parameters are status quo, markets stagger sideways with an upward bias and the SPX closes at a new all-time record high at 2069. Either copper or volatility will flinch and provide the market answer ahead.

For the SPX starting at 2069, the bulls need less than one point, to punch up through 2070, to create an upside acceleration that will target 2080. The bears need to push under 2065 to create a downside acceleration. A move through 2066-2069 is sideways action for Tuesday. The bulls are driving the bus. If VIX moves above 14.34, and the SPX drops under 2065, there is a high liklihood that Keybot will flip short. Watch the S&P futures to see if any smidge of positivity occurs which will make for happy bulls. Also watch copper overnight to see what direction it wants markets to move in. Keybot prints a pre-scheduled number tomorrow morning shortly after the opening bell.

11/25/14; 10:00 AM EST =

11/23/14; 7:00 PM EST = +61; signal line is +50

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

Keybot the Quant remains long moving into the Monday session. The couple-week and more battle between volatility and copper continues and will determine market direction ahead. Bulls need JJC above 36.98. Bears need VIX above 14.34. Last Wednesday and Thursday the bears threatened with higher volatility then folded like a cheap suit. On Friday, copper launched higher and it looked like the bulls were golden but they slipped on a banana peel as copper retreated. Neither side wants the ball so equities float sideways with an upward bias. One or the other will flinch and provide the market answer ahead.

For the SPX starting at 2064, the bulls need over 7 points higher, to punch up through 2071.50, to create an upside acceleration that will target 2080. The bears need to push under 2057, about 7 points lower, to create a downside acceleration. A move through 2058-2071 is sideways action for Monday. The bulls are driving the bus. Watch copper trading overnight. Keybot prints two pre-scheduled numbers this week. Thanksgiving is Thursday and markets are closed. Friday is a half-day session and EOM. November began at 2018.

11/30/14; 7:00 PM EST EOM =

11/26/14; 10:00 AM EST =

11/25/14; 10:00 AM EST =

11/23/14; 7:00 PM EST = +61; signal line is +50

11/21/14; 11:01 AM EST = +61; signal line is +50

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

Keybot the Quant remains long as the ECB and PBOC central banker's pump global stock markets higher. Copper leaps higher but runs out of gas and returns to the bear camp with JJC under 36.99. The last two days the bears were threatening with higher volatility but ran out of gas and now the bulls are flexing their muscles but did not eat enough Wheaties. So the beat goes on.

The fight continues between volatility and copper that the algo considers the key two parameters affecting market direction for over two weeks time. Watch VIX 14.36 and JJC 36.99. One of them will flinch. The bulls continue driving the bus. Bears would need VIX above 14.36 and SPX under 2040.50 to likely flip the model to the short side.

VIX is at 13.51. SPX is at 2060. JJC is at 36.66. There is about one hour of trading remaining in the week.

11/23/14; 7:00 PM EST =

11/21/14; 11:01 AM EST = +61; signal line is +50

11/21/14; 10:24 AM EST = +77; signal line is +50

11/20/14; 9:36 AM EST = +61; signal line is +49

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

Keybot the Quant remains long moving into the Friday session. The algo continues to fixate on volatility and copper. One of them is going to flinch dictating the path ahead. Bulls need higher copper. Bears need higher volatility. Bears need VIX above 14.36 to create market selling and if SPX drops under 2040.50, Keybot will likely flip short. Bulls need JJC above 36.95 to signal another leg higher for equities. Status quo will create sideways action with a slight upward bias floating into the weekend.

For the SPX starting at 2053, the bulls only need one point, to touch the 2054 handle and bingo, the upside will accelerate to 2060. Bears need to push under 2040.50 to accelerate the downside. A move through 2041-2053 is sideways action to end the week. The bulls are in control but the bears are knocking on the door.

11/23/14; 7:00 PM EST =

11/20/14; 9:54 AM EST = +61; signal line is +49

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

Keybot the Quant remains long as the Thursday session is well underway. Today is a repeat of yesterday. The VIX leaps above 14.37 creating the market selling. The SPX comes down to the 2040.50 called out last evening and bounces exactly from SPX 2040.49. The VIX then collapses under 14.37 creating bull fuel so the fix is in and the bears are punched in the face again. The bears have tried to stop the rally for two consecutive days but are not yet successful. VIX is down to 13.70.

Same scenario is in play. Bears need VIX above 14.37 to create market selling and if SPX drops under 2040.50, Keybot will likely flip short. Bulls need JJC above 36.93 to signal more market upside, however, copper is weak today. Even though the bulls are preventing the bears from creating extended downside the bulls cannot gain upside traction unless copper moves strongly higher so the standoff continues. Bears got nothing unless they push volatility higher.

11/23/14; 7:00 PM EST =

11/20/14; 9:54 AM EST = +61; signal line is +49

11/20/14; 9:36 AM EST = +47; signal line is +49 but algorithm remains long

11/19/14; 1:04 PM EST = +61; signal line is +49

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

Keybot the Quant remains long. The bears did not have enough juice to flip Keybot short today although they were only a few minutes from their goal. At 1 PM, the VIX dropped under 14.37 so the fix was in and the bulls slapped the bears in the face. Note how price pivoted around VIX 14.37 in the afternoon first dropping to this level and bouncing, then moving sideways and retesting, resulting in failure, then coming back up for a back kiss resulting in failure again. It is always amazing to see Keybot call out these exact numbers before they occur.

Same set up for Thursday; the fight between volatility and copper continues. Bulls need JJC 36.95 to create another leg higher for stocks. Bears need VIX above 14.37 to stop the rally and lock-in selling. If VIX moves above 14.37 and SPX under 2040.50, Keybot will likely flip short. If JJC and VIX remain status quo, equities will stumble sideways with a slight upward bias.

For the SPX starting at 2049, the bulls need to push above 2052 to create an upside acceleration towards 2060. The bears need to push under 2040.50 to create a downside acceleration. A move through 2041-2051 is sideways action for Thursday. The bulls remain in control but the bears finally show signs of life after the one-month beating. Bears need higher volatility or they got nothing.

11/23/14; 7:00 PM EST =

11/19/14; 1:04 PM EST = +61; signal line is +49

11/19/14; 10:10 AM EST = +47; signal line is +49 but algorithm remains long

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

Keybot the Quant remains long but is champing at the bit to go short. The algo number is below the signal line so the algo wants to go short but internal programming rules are not yet latched to permit the flip to the short side. VIX is above 14.37 which creates the market weakness today. Bears need the SPX to print below 2040.37 and hold it completely under here for at least five or more minutes for Keybot to flip short. This target number may ratchet further down as the day proceeds if the moves lower keep resulting in the model not flipping short.

For now, bears are very close to taking control but they need the SPX to drop a little bit further. The market bulls need to push VIX below 14.37 to create stock market upside and negate the threat of Keybot flipping short. The SPX is drifting higher off the intraday lows now printing 2043.28 and VIX is 14.67.

11/23/14; 7:00 PM EST =

11/19/14; 10:10 AM EST = +47; signal line is +49 but algorithm remains long

11/19/14; 9:00 AM EST = +61; signal line is +48

11/17/14; 12:13 PM EST = +61; signal line is +47

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

Keybot the Quant remains long moving into the Wednesday session. The algo is idling along and remains set up the same way as the previous day. The fight between volatility and copper continues. If VIX moves above 14.37 and the SPX moves under 2041.50, Keybot will likely flip short ending the one month rally. Stock market bulls will be fine if they keep VIX under 14.37. Bulls will confirm another leg of upside in equities if JJC moves above 36.88. Equities will continue the sideways flat path with an upward bias if VIX stays under 14.37 and JJC under 36.88.

For the SPX starting at 2052, another all-time record high, the bulls need 4 points, to push above 2056, and an upside acceleration will occur with price running to 2060. The bears need to push under 2041.50 to accelerate the downside. A move through 2042-2055 is sideways action for Wednesday. The bulls are in control but a simple move higher in volatility can change the landscape in the bears favor very quickly. Market bears need higher volatility or they got nothing.

11/23/14; 7:00 PM EST =

11/19/14; 9:00 AM EST =

11/17/14; 12:13 PM EST = +61; signal line is +47

11/17/14; 11:34 AM EST = +47; signal line is +45

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

Keybot the Quant remains long moving into the Tuesday session. The fight between volatility and copper continues. If VIX moves above 14.37 and the SPX moves under 2034.50, Keybot will likely flip short ending the one month rally. Stock market bulls will be fine if they keep VIX under 14.37. Bulls will confirm another leg of upside in equities if JJC moves above 36.97. Equities will continue the sideways flat path if VIX stays under 14.37 and JJC under 36.97.

For the SPX starting at 2041, the bulls only need two points, to push above 2043, and an upside acceleration will occur with price running to 2050. The bears need to push under 2035 to accelerate the downside. A move through 2036-2042 is sideways action.

11/23/14; 7:00 PM EST =

11/19/14; 9:00 AM EST =

11/17/14; 12:13 PM EST = +61; signal line is +47

11/17/14; 11:34 AM EST = +47; signal line is +45

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

Keybot the Quant remains long as the bulls push volatility lower to prevent the bears from pushing under SPX 2035. The imminent turn notation is back in the title line since the bears are making a run today. If VIX moves back above 14.37 and the SPX moves under 2034.50, Keybot will likely flip short. Stock market bulls will be fine if they keep VIX under 14.37. VIX is currently printing at 14.20.

11/23/14; 7:00 PM EST =

11/19/14; 9:00 AM EST =

11/17/14; 12:13 PM EST = +61; signal line is +47

11/17/14; 11:34 AM EST = +47; signal line is +45

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the algo is active this week out of the gate printing three numbers already. The algo number is only two ticks from the signal line so the caution flag is out. Watch VIX 14.37 as the bull bear line in the sand (not 14.21). The VIX is jogging above and below 14.37. A ceiling is placed in the stock market upside as long as VIX stays above 14.37. Watch JJC 36.98. JJC is down a nickel today remaining in the bear camp at 36.70 so the bulls cannot receive any help from copper. The bears are flexing their muscles with the higher volatility. The SPX is testing the 2035 support previously mentioned where a downside acceleration should occur if it fails.

11/19/14; 9:00 AM EST =

11/17/14; 11:34 AM EST = +47; signal line is +45

11/17/14; 10:05 AM EST = +61; signal line is +45

11/17/14; 9:36 AM EST = +47; signal line is +43

11/16/14; 7:00 PM EST = +61; signal line is +42

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long moving into the new week of trading. Watch VIX 14.21 (volatility) and JJC 37.01 (copper). If volatility moves higher, the bears will place a ceiling on the market upside and begin a move lower for equities. If copper runs higher, the bulls win and will send the SPX above 2050.

For the SPX starting at 2040, the bulls only need two points to move above 2042 and an upside acceleration will occur towards 2050. The bears need to push under 2035 to accelerate the downside. A move through 2036-2041 is sideways action to begin the week. The bulls continue cruising but the bears are slowly narrowing the gap between the algo number and signal line now at a 19-point difference. Keybot prints one pre-scheduled number this week on Wednesday morning.

11/23/14; 7:00 PM EST =

11/19/14; 9:00 AM EST =

11/16/14; 7:00 PM EST = +61; signal line is +42

11/14/14; 10:00 AM EST = +61; signal line is +40

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long through the weekend after a very calm trading week where equities floated sideways to sideways up. The copper and volatility fight will continue next week and with both showing lift the last couple days a decision is likely imminent for a more firm direction for equities forward. Higher copper will send the SPX above 2050. Higher volatility will send the SPX down into the 2020's. The areas and levels of interest to the algo can be identified tomorrow after the Sunday pre-scheduled number prints. The bulls keep motoring along without a care in the world.

11/16/14; 7:00 PM EST =

11/14/14; 10:00 AM EST = +61; signal line is +40

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long and the algo prints the pre-scheduled number for this week. VIX pops to 14.15 then retreats but still needs to move above 14.21 to make bears happy. JJC pops to 36.67 but still needs to move above 37.01 to make bulls happy. So the beat goes on. The winner moving forward will be crowned as soon as either higher volatility, or, higher copper, takes control; one of the two will flinch. The SPX meanders sideways at 2040 waiting for a decision.

11/16/14; 7:00 PM EST =

11/14/14; 10:00 AM EST = +61; signal line is +40

11/13/14; 2:36 PM EST = +60; signal line is +38

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long and the algo finally prints a couple numbers for this week. The fight between volatility and copper continues. Copper collapsed today and volatility spiked. The volatility moves above the important VIX 14.20 level so the bears were cheering as market sold off but then the bears slipped on a banana peel. VIX drops back under 14.20 sending stocks higher in the afternoon. Watch VIX 14.20 and JJC 36.95. One or the other will flinch and verify the direction ahead. Bears win with higher volatility. Bulls win with higher copper.

For the SPX starting at 2039, the bulls need to push above 2046 to accelerate the upside above 2050. The bears need to push under 2031 to accelerate the downside. A move through 2032-2045 is sideways action to end the week.

11/16/14; 7:00 PM EST =

11/14/14; 10:00 AM EST =

11/13/14; 2:36 PM EST = +60; signal line is +38

11/13/14; 2:21 PM EST = +46; signal line is +36

11/9/14; 7:00 PM EST = +60; signal line is +35

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The algo has not printed any numbers this week and simply idles along tracking volatility and copper to see which one flinches. Market bulls win big with JJC above 37.00. Market bears win big with VIX above 14.18. Equities were weak this morning but the VIX was not climbing up through the 14.18 level so you knew that the bulls would recover, and they did. Stocks stagger sideways or sideways with an upward bias until either JJC 37.00 or VIX 14.18 occurs and decides the winner for the next 10 to 20 SPX handles.

For the SPX starting at 2038, the bulls need 2 points, to push up through 2040 and an upside acceleration will occur to the high 2040's. The bears need to push under 2032 to accelerate the SPX down into the 2020's. A move through 2033-2039 is sideways action for Thursday. The algo is paying attention to volatility and copper so that is all that matters right now as described above.

11/14/14; 10:00 AM EST =

11/9/14; 7:00 PM EST = +60; signal line is +35

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long and the band plays on. The algo is idling along without printing any numbers this week thus far. As long time followers of Keybot know, this may be the calm before the storm since the algo may at anytime start printing numbers rapid fire. For now, however, same dealio. Bulls are in charge and volatility and copper are currently deciding who determines the path ahead. Bulls need higher copper; JJC above 37.01 and the upside party will continue with SPX at 2050. Bears need higher volatility; VIX above 14.17 to place a firm ceiling in the market upside and begin a pull back move in equities.

For the SPX at 2040, another new all-time high, the bulls need to push above 2041, only one point higher, and another upside acceleration occurs. So watch the overnight S&P futures to see if any green is showing. The bears need to push SPX under 2035 to accelerate the downside. A move through 2036-2040 is sideways action. Either volatility or copper is going to flinch as described above and that will tell you the market direction forward.

11/16/14; 7:00 PM EST =

11/14/14; 10:00 AM EST =

11/9/14; 7:00 PM EST = +60; signal line is +35

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long through the Monday session moving into the Tuesday session. The algo did not print any numbers on Monday. Watch VIX 14.15 and JJC 37.00. Yep, the fight between copper and volatility continues. The BOJ stepped on the neck of volatility today to create further upside in stocks. The VIX stays bullish and JJC stays bearish so sideways was the order of the day and the lower volatility creates sideways with an upward bias. Bulls win big with JJC 37.00 so watch copper. Bears win big with VIX 14.15 so watch volatility. One of these two will flinch and identify the winner for the days ahead.

For the SPX starting at 2038.26 another all-time intraday record high, the bulls only need less than one point, to simply touch the 2039 handle and an upside acceleration will occur into the 2040's so watch the S&P futures overnight to see if there is further juice in the tank. The bears need to push under 2030 to accelerate the downside. A move through 2031-2038 is sideways action. The bulls spend each day kicking the bears with no let up in sight. The best thing for the bears to do is to create higher volatility (higher VIX) and lower copper (JJC) which will stop the market rally.

11/14/14; 10:00 AM EST =

11/9/14; 7:00 PM EST = +60; signal line is +35

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long moving into the new week of trading. The fight between volatility and copper continues. Last week, the lower volatility created another leg of upside for stocks and the SPX moving above 2030. Bears need to push VIX above 14.09 to stop the market upside, otherwise they got  nothing. Bulls need to push copper higher, JJC above 37.08, to create another leg higher for stocks. If VIX stays under 14.09 and JJC under 37.08, equities will stagger sideways to begin the week.

For the SPX starting at 2032, the bulls only need 2 upside points, to move above 2034, and bingo, another upside acceleration will occur. The bears need to push under 2025 to regain their mojo. A move through 2026-2031 is sideways action for Monday. The bulls are cruising and need higher copper to continue the party. Bears need higher volatility to stop the party. Keybot prints one pre-scheduled number on Friday morning.

11/16/14; 7:00 PM EST =

11/14/14; 10:00 AM EST =

11/9/14; 7:00 PM EST = +60; signal line is +35

11/7/14; 9:00 AM EST = +60; signal line is +32

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The bears continue to receive slaps in the face since VIX stays under 14.10. The bulls cannot move JJC above 37.08, however, so the market upside is limited. Bulls win big with JJC above 37.08. Bears win big with VIX above 14.10. If VIX stays under 14.10 and JJC under 37.08, equities stumble sideways into the weekend. The SPX touches 2032 and jumps above 2034 for another new all-time intraday historic record high. Use volatility and copper as a guide for market direction.

11/9/14; 7:00 PM EST =

11/7/14; 9:00 AM EST = +60; signal line is +32

11/6/14; 3:31 PM EST = +60; signal line is +31

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as the bulls punch the bears in the face pushing volatility lower. The VIX falls under the 14.10 bull-bear line in the sand identified by the algo which creates the upside market fuel and SPX above 2030. Everything continues to go the bulls way. Keybot continues to track volatility and copper as the key parameters dictating market direction currently.

For Friday, the bears must push VIX above 14.10 to place a ceiling in the stock market, otherwise, they are in for a lot of pain. The bulls need to push JJC above 37.03 (now at 36.38 causing market bearishness) to create further upside strength. If VIX stays below 14.10 and JJC below 37.03, equities will stagger sideways into the weekend.

For the SPX starting at 2031, another new all-time record high, the highest print ever in history, the bulls only need a smidge of positivity in the overnight S&P futures and the party continues higher. If the bulls can touch the 2032 handle after the opening bell, bingo, price will accelerate into the high 2030's. The bears need to push under 2016 to accelerate the downside. A move through 2017-2031 is sideways action to end the week. The algo prints a pre-scheduled number tomorrow morning before the opening bell. The bulls dealt a crushing blow to bears today with the lower volatility. Bears need to focus on creating higher volatility as soon as possible.

11/9/14; 7:00 PM EST =

11/7/14; 9:00 AM EST =

11/6/14; 3:31 PM EST = +60; signal line is +31

11/2/14; 7:00 PM EST EOM = +46; signal line is +28

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long moving into the Thursday session. The algo has not printed any numbers as yet this week. It is interesting how sometimes the algo may go crazy and print one dozen numbers in one day and then go several days without printing any numbers. The fight continues with volatility and copper determining if the stock market moves higher, or not. Note that for the stock rally today, the VIX did not drop under 14.10 so the upside is not a done deal.

Watch VIX 14.10 and JJC 37.02 as the two bull-bear lines in the sand. Both are bearish and will create a ceiling in the stock market. The bulls will launch a new leg higher in the stock market if the VIX drops under 14.10 or if the JJC moves above 37.02. Until then the bulls got nothing. VIX begins at 14.17 only pennies away creating high drama after Thursday's opening bell.

For the SPX starting at 2024, the bulls need any smidge of positivity in the overnight S&P futures and bingo, new all-time highs and a move to 2030 is on the table. If this occurs the VIX will likely drop under 14.10 and more equity upside will be locked in. The bears must keep the overnight futures negative with all their might. Of interest will be 7:45 AM EST since the ECB decision occurs and then 8:30 AM EST when ECB president Draghi speaks. Futures will respond to these time inflection points.

The bears need the SPX to drop under 2015 to create a downside acceleration. A move through 2016-2024 is sideways action. In addition to the S&P futures, watch copper in overnight trading since the stock market will likely move in the same direction as copper.

After the opening bell, watch VIX 14.10 since it tells you if any market rally is real and has legs, or not. If VIX falls under 14.10 a big bull rally party continues. Bears will be happy creating a ceiling in the stock market if they maintain VIX above 14.10.

11/7/14; 9:00 AM EST =

11/2/14; 7:00 PM EST EOM = +46; signal line is +28

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long moving into the Wednesday session. The algo continues to motor along without printing any numbers. VIX 14.10 and JJC 37.05 are the bull-bear lines in the sand with volatility and copper remaining the two most important parameters for market direction currently. Bears win and a market top is in if the VIX stays above 14.10 and the JJC stays under 37.05. The bulls will launch a new leg higher in the stock market if the VIX drops under 14.10 or if the JJC moves above 37.05.

For the SPX starting at 2012, the bulls need to touch the 2016 handle and bingo, an upside several-handle acceleration will occur. The bears need the SPX to drop under 2001 to create a downside acceleration. A move through 2002-2015 is sideways action. Watch copper in overnight trading since the stock market will move in the same direction as copper.

After the opening bell, watch VIX 14.10 since even if markets rally strongly higher say with a takeover of the Senate by the republicans in the elections, if the VIX does not drop under 14.10 the bulls got nothing and markets will reverse and selloff. If VIX falls under 14.10 a big bull rally party continues.

11/7/14; 9:00 AM EST =

11/2/14; 7:00 PM EST EOM = +46; signal line is +28

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains bullish as the algo idles along without printing any numbers to begin the new week of trading. In the Monday session volatility remained elevated so the new all-time highs in equities were short-lived as would be expected. The bulls continue to need either VIX below 14.10 or JJC above 37.12 to verify another leg higher for the stock market.

For Wednesday, the VIX begins at 14.73 and the JJC at 37.04 both causing market bearishness but only a stone's throw away from potentially turning bullish to verify the market upside. Volatility and copper are the two most important factors affecting market direction currently. Copper is a smidge weaker in overnight trading.

For the SPX starting at 2018, the bulls need to push above 2024.46, the all-time record high print, to accelerate the upside. The bears need to push under 2014 to accelerate the downside. A move through 2015-2024 is sideways action for Wednesday. S&P futures are -4 about three hours before the opening bell teasing the lower limit but the bears will need a bit more juice if they want to push strongly lower. Watch VIX 14.10 and JJC 37.12 since they provide the market direction answer.

11/9/14; 7:00 PM EST =

11/7/14; 9:00 AM EST =

11/2/14; 7:00 PM EST EOM = +46; signal line is +28

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long moving into the new week of trading. The bulls have the ball although the bears narrow the gap between the algo number and signal line by two ticks with the Sunday pre-scheduled number. The key to Monday is whether the upside euphoric stock market rally is verified by volatility and/or copper, or not. The algo is tracking VIX 13.94 and JJC 37.15 as two bull-bear lines in the sand and the most influential parameters on market direction currently. So watch copper trading overnight to provide a hint on market direction (stocks will move in the same direction as copper).

Most importantly is VIX 13.94 since price begins at 14.03 only nine pennies on the bear side. Remember, volatility moves inverse to the stock market. As volatility goes, the stock market will move the other way. If VIX drops under 13.94, the bulls will have the bears head hanging as a trophy above the mantle as the stock market catapults wildly higher. The stock market is topped out if VIX stays above 13.94.

For the SPX starting at 2018, only one-point from a new all-time record high, the bulls only need to see a smidge of positivity in the overnight S&P futures and the SPX will accelerate several handles higher after the opening bell. The bears need to push under 2001 to get their mojo back. A move through 2002-2018 is sideways action to begin the week. Volatility will provide the market direction answer for Monday. Keybot prints one pre-scheduled number this week on Friday morning.

11/9/14; 7:00 PM EST =

11/7/14; 9:00 AM EST =

11/2/14; 7:00 PM EST EOM = +46; signal line is +28

10/31/14; 10:00 AM EST = +46; signal line is +26

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long through the weekend. Copper could not move higher during Friday afternoon. High drama occurs with volatility due to a late push higher in stocks into the Friday closing bell. VIX drops to 14.03 but is not yet under 13.94 to confirm the rally. Copper and volatility will remain key at Monday's opening bell. Areas and levels of interest can be identified once the Sunday pre-scheduled and October month-end number prints tomorrow.

11/2/14; 7:00 PM EST EOM =

10/31/14; 10:00 AM EST = +46; signal line is +26