STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains short as the markets deal with the ECB QE announcement and aftermath. The SOX fell under the critical 672.32 bull-bear line in the sand so it looked good for bears but the SOX recovered and is now above creating market lift. As stocks ran higher, the bulls tried to push the NYA above 10805 but the NYA hit its head on the ceiling and staggered lower now at 10777 unable to yet confirm sustainable upside. Isn't it amazing how Keybot can identify the key number before it occurs? Thus, SOX remains above 672.32 and NYA remains under 10805 so stocks stumble sideways with an upward bias.

Bull will be victorious with NYA above 10805 and Keybot will likely flip long. Bears will be victorious with SOX under 672.32, now at 674.31. If status quo remains, markets stagger sideways with the slight upward bias. One of those two parameters will flinch and that will confirm the directional path ahead.

1/25/15; 7:00 PM EST =

1/22/15; 10:43 AM EST = +22 signal line is +23

1/22/15; 9:42 AM EST = +6 signal line is +23

1/21/15; 10:19 AM EST = +22 signal line is +25