STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the Friday session is underway. UTIL falls through the 477.87 trap-door so market weakness is expected today--unless the bulls can push UTIL back above 477.87. The longer UTIL stays under 477.87, the chances increase greatly for a strong market flush lower. Bulls must push UTIL above 477.87 immediately to stop potential market mayhem today and instead send equities flat to higher into the closing bell. UTIL 477.87 is the key; watch it closely.

12/15/13; 7:00 PM EST =

12/13/13; 10:14 AM EST = +16; signal line is +44

12/12/13; 9:37 AM EST = +32; signal line is +45

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short.  The algo settles-in after a wild start to the week only printing one number yesterday. Note how UTIL danced above the 478 trap-door danger level all day long. Next week this number is no longer valid and instead 473.37 is in play, a much easier level for bulls to remain above. Thus, even if the 478 trap-door would open today, it would shut again come Monday morning so any negative affects may be muted. Watch to see where UTIL closes in relation to 473.37 today. Bears need either UTIL 477.87, XLF 20.98, JJC 39.70 and/or SOX 503.25 to continue the market downside. Bulls need GTX 4810 and/or VIX 14.03 to stop the equity selling. If all 6 parameters remain status quo, markets will stumble sideways into the weekend.

For the SPX starting at 1776, the bulls need to touch the 1783 handle and an upside acceleration will occur. This is about 7 or 8 handles and lo and behold, S&P futures are +7.4 at this writing about 2-1/2 hours before the opening bell. So the bulls are going to try and run to the 1783 to begin the day to create upside mojo. The bears need to push under 1772.50 to accelerate the downside. A move through 1773-1782 is sideways action.

12/15/13; 7:00 PM EST =

12/12/13; 9:37 AM EST = +32; signal line is +45

12/11/13; 3:59 PM EST = +46; signal line is +45 but algorithm remains short

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the wild market action rolls along. At the bell, Keybot wants to go long but is held back since internal programming rules will not yet permit the move. If all things remain as is, Keybot will flip long if the SPX moves above 1803 on Thursday, a formidable task that requires a retracement of today's selloff, but, not impossible in these unstable and erratic markets. The algo is now tracking UTIL 477.87, XLF 20.98, GTX 4811 and VIX 14.02. Utilities, financials and commodities are creating market bullishness while volatility creates bearishness, respectively, thus, bulls need to push the VIX under 14.02 while the bears need to meet the UTIL, XLF and GTX thresholds to gain downside fuel. UTIL 477.87 is the trap-door for markets and it opened for a few minutes today but would not remain open. GTX closed at 4812 only one single point in the bull camp.

The SPX begins at 1782, a strong support level so price will either bounce, or die. The bears need to push under 1780, only 2 points lower, to accelerate the downside. The bulls need to retrace today's drop and push the SPX above 1803 to regain their mojo. Since this is a difficult task, the bulls will simply be happy to keep UTIL, XLF and GTX all elevated, while pushing volatility any amount lower, and this will be enough to stop the market downside. Markets remain a coin-toss and this is verified by the algo number and signal line at only one point difference. Note the 2:36 PM EST print today where the numbers were dead even at +46.

12/15/13; 7:00 PM EST =

12/11/13; 3:59 PM EST = +46; signal line is +45 but algorithm remains short

12/11/13; 3:11 PM EST = +32; signal line is +45

12/11/13; 2:36 PM EST = +46; signal line is +46

12/11/13; 11:31 AM EST = +32; signal line is +45

12/11/13; 11:21 AM EST = +46; signal line is +45 but algorithm remains short

12/11/13; 9:39 AM EST = +32; signal line is +44

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the Wednesday session is underway. The algo continues an active week printing 2 numbers in the early going. VIX catapults higher well over 14 and GTX drops under 4811 creating market bearishness. The bulls are pumping copper higher to try and stop the market move lower. Utilities drop lower and tease near the market trap-door at UTIL 477.87. Bulls need GTX 4811 and they will encourage the dip buyers to come into the market. Bears need UTIL 477.87 and equities should collapse lower. Bulls will need about 15 or more SPX handles higher from the current 1794 print to hope to regain the upside mojo, thus, for now, the imminent turn status is removed. Markets remain highly unstable so anything can happen up or down.

12/15/13; 7:00 PM EST =

12/11/13; 9:39 AM EST = +32; signal line is +44

12/11/13; 9:37 AM EST = +46; signal line is +44 but algorithm remains short

12/10/13; 3:59 PM EST = +60; signal line is +43 but algorithm remains short

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

Keybot the Quant is short moving into the Wednesday session. The markets are exhibiting more drama than a Shakespearean play. The bulls move GTX above 4811 and VIX below 14 creating market bullishness, but equities fell into the closing bell. The algo wants to flip back to the long side (algo number is above the signal line). There are several internal programming rules that will need to latch to trigger the move, but, in general, if the SPX moves above 1808.50, and stays above, Keybot will likely flip long. The bears need to keep the SPX under 1808.50 while at the same time pushing GTX under 4811 and the VIX back above 14. As if this drama was not enough, the algo is also tracking JJC 39.66 which is causing market bullishness but only by 16 pennies. Bears need JJC under 39.66 to create market negativity so watch copper in overnight trading.

Utilities collapse today which is odd since yields drop as well. UTIL is 482.42 (under the 483 number the bears needed last week but it is meaningless this week) and the bears need 477.87 to create negativity.  This UTIL 477.87 is also the trap-door which would create a large and quick drop in equities if it fails. For the SPX starting at 1803, the bulls need to push above 1808.50 to create an upside acceleration and likely cause the algo to flip long. The bears need to push under 1802 to accelerate the downside. A move through 1803-1808 is sideways action. Bulls have it on a silver platter only needing to push above SPX 1808.50 for Keybot to flip long and the path to the 1820's will begin. The bears must push at least 2 of the following 4 parameters into the bear camp to create downside mojo (all 4 are currently bullish); UTIL 477.87, JJC 39.66, GTX 4811 and VIX 14. The odd market behavior continues. Equities remain erratic and unstable. Wednesday is a very important day.

12/15/13; 7:00 PM EST =

12/10/13; 3:59 PM EST = +60; signal line is +43 but algorithm remains short

12/10/13; 1:47 PM EST = +46; signal line is +42 but algorithm remains short

12/10/13; 12:31 PM EST = +32; signal line is +41

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

Keybot the Quant flips to the short side at 1803. The market action remains nutty and unstable. VIX moves above 14 and GTX below 4811.05 creating market weakness but both remain on the bull-bear lines in the sand and can continue to go either way. For now, the bears are driving the bus again. Stay alert for a potential whipsaw back to the long side today or tomorrow. The last trade results in a dead flat trade. The algo exits SSO and enters TWM. Markets remain a crap-shoot. Watch VIX 14.00 and GTX 4811. VIX is currently printing 14.08 helping bears but the GTX is sneaking back above 4811 trying to help the bulls. This is very wild market action. The algo has printed 15 numbers already this week. The imminent turn status must remain since markets are very indecisive and erratic.

12/15/13; 7:00 PM EST =

12/10/13; 12:31 PM EST = +32; signal line is +41

12/10/13; 12:21 PM EST = +46; signal line is +41 but algorithm remains short

12/10/13; 11:56 AM EST = +32; signal line is +41; go short 1803; (Benchmark SPX for 2013 = +26.4%)(Keybot this trade = +0.0%; Keybot for 2013 = +14.7%)(Actual this trade = +0.0%; Actual for 2013 = +8.0%)

12/10/13; 11:37 AM EST = +32; signal line is +42 but algorithm remains long

12/10/13; 10:45 AM EST = +46; signal line is +42

12/10/13; 10:07 AM EST = +60; signal line is +41

12/10/13; 9:37 AM EST = +46; signal line is +40

12/9/13; 2:26 PM EST = +46; signal line is +39

12/9/13; 2:14 PM EST = +60; signal line is +39

12/9/13; 1:38 PM EST = +46; signal line is +38

12/9/13; 1:18 PM EST = +60; signal line is +38

12/9/13; 12:35 PM EST = +46; signal line is +37

12/9/13; 11:01 AM EST = +60; signal line is +37

12/9/13; 10:30 AM EST = +46; signal line is +36

12/9/13; 9:46 AM EST = +60; signal line is +35

12/8/13; 7:00 PM EST = +44; signal line is +34

12/6/13; 12:41 PM EST = +44; signal line is +34; go long 1803; (Benchmark SPX for 2013 = +26.4%)(Keybot this trade = -3.3%; Keybot for 2013 = +14.7%)(Actual this trade = -7.1%; Actual for 2013 = +8.0%)

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

Keybot the Quant remains long as the algo prints two numbers in the early going today. At the open, the bears push equities lower because the VIX jumps above 14, but alas, the bears fold like a cheap suit as GTX moves above 4811 and then the VIX drops back below 14. Bears need VIX above 14 and/or GTX below 4811 or they got nothing. If both fail, and the SPX prints below 1803.85, and stays below, Keybot will likely flip short. For now the bulls continue steering the ship running over any bear that steps out into the crosswalk. The SPX dropped under 1806 and accelerated lower to the 1803 handle but the jump in commodities and lower volatility send markets higher.

12/15/13; 7:00 PM EST =

12/10/13; 10:07 AM EST = +60; signal line is +41

12/10/13; 9:37 AM EST = +46; signal line is +40

12/9/13; 2:26 PM EST = +46; signal line is +39

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

Keybot the Quant remains long moving into the Tuesday session. The algo has a wild start to the week printing 8 numbers today. The bulls remain in the drivers seat and need higher utilities and commodities, UTIL 492.05 and GTX 4811, respectively, to push markets higher. The bears need lower copper and higher volatility, JJC 39.65 and VIX 14, respectively, to push markets lower. If all 4 parameters remain status quo, equities will stumble sideways. If either JJC moves below 39.65 or VIX above 14, and the SPX moves under 1806, and stays under, Keybot will likely flip short. This is a very easy threshold to cross so stay alert during the trading hours ahead; the imminent turn status is very pertinent; Tuesday may be an important market day.

For the SPX starting at 1808, the bulls need to push up through 1811.50 and an upside acceleration will occur to immediately test the 1814 all-time high which will likely give way with new highs printing and the SPX moving to the 1820's. The bears need to push under 1806, only 2 points lower, and the downside will accelerate with a drop back below 1800 likely in short order. A move through 1807-1811 is sideways action.

12/15/13; 7:00 PM EST =

12/9/13; 2:26 PM EST = +46; signal line is +39

12/9/13; 2:14 PM EST = +60; signal line is +39

12/9/13; 1:38 PM EST = +46; signal line is +38

12/9/13; 1:18 PM EST = +60; signal line is +38

12/9/13; 12:35 PM EST = +46; signal line is +37

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

Keybot the Quant remains long as the algo prints 3 more numbers starting off an active week of action. VIX keeps oscillating above and below 14 and spiked above, helping bears, a few minutes ago. Watch to see if VIX stays above 14, or not. GTX keeps teasing 4811 but remains on the bull side. JJC is only a penny away from the 39.65 bull-bear danger line. If GTX fails 4811 and/or JJC loses 39.65, and the SPX drops about 20 handles, Keybot will likely flip short. Therefore, even if the algo wants to go short today, if the algo number slips under the signal line number, it probably will not since the internal programming rules will likely not latch properly. The algo tracks highs and lows intraday and from the previous session. Thus, Keybot may place itself into position to take out the current intraday low at 1806.21, tomorrow.

Lots of drama is on tap. Markets remain unstable. Bulls need to push VIX back under 14 to keep the upside market party alive. Bears need GTX 4811 and/or JJC 39.65 to develop selling in the markets. Current print on VIX is 14.03 in the bear camp, causing market negativity, by 3 pennies.

12/15/13; 7:00 PM EST =

12/9/13; 12:35 PM EST = +46; signal line is +37

12/9/13; 11:01 AM EST = +60; signal line is +37

12/9/13; 10:30 AM EST = +46; signal line is +36

12/9/13; 9:46 AM EST = +60; signal line is +35

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

Keybot the Quant remains long as the new week of trading begins and the algo prints a number shortly after the opening bell. Copper was weak overnight until before the opening bell when it catches a bid creating market buoyancy and the SPX is now considering a test of the all-time high at 1814. Watch JJC 39.67, GTX 4811, VIX 14 and UTIL 492.10. Copper, commodities and volatility are all in the bull camp, hence, the markets float higher. Utilities tumble lower today but they simply remain status quo bearish not offering any further market negativity.

GTX keeps teasing 4811 this morning. Bears need sub 4811 to cap the equity upside and weaken the markets. Bears are also teasing VIX 14 and need to move above to start the market selling. Ditto JJC 39.67. Bears need sub 39.67 to initiate market selling. This behavior illustrates the continuing market indecision. Thus, the bulls are pushing higher but the broad indexes remain very much a coin-flip. Conceivably, the bears could cause strong selling if they reverse JJC, GTX and VIX which are all dancing on the bull-bear lines in the sand. Bulls will receive further upside juice with UTIL 492.10. The week starts off with lots of drama and copper, commodities and volatility are steering the market ship forward. Watch JJC 39.67, VIX 14 and GTX 4811 as the bull-bear lines in the sand that will dictate market direction (all 3 are currently causing market bullishness). GTX is at 4812 clinging on to the bull side with one fingernail.

12/15/13; 7:00 PM EST =

12/9/13; 9:46 AM EST = +60; signal line is +35

12/8/13; 7:00 PM EST = +44; signal line is +34

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

Keybot the Quant is bullish moving into the new week of trading. Equities remain a toss-up moving forward. The bulls need UTIL 491.25 and/or JJC 39.68 to verify further upside and the SPX moving to new all-time highs. The bears need VIX 13.95 and/or GTX 4810 to restart the market downside. If all 4 parameters remain in their respective camps, then equities move sideways. If the VIX moves above 13.95 and/or GTX loses 4810, and the SPX drops under 1789, and stays below, Keybot will likely flip short. Watch copper trading overnight since copper and commodities generally move together and strong copper is a big plus for the bulls while weak copper will help the bears.

For the SPX today starting at 1805, the bulls need only one point higher, to push up through 1806, and the upside acceleration will continue testing 1808-1809 quickly then moving up to the 1814 all-time high. Watch the overnight futures. Any hint of green and bulls will be happy campers come tomorrow morning. The bears need to reverse much of Friday's move pushing under 1789 to accelerate a move lower. A move through 1790-1805 is sideways action. Markets remain highly unstable. Exercise caution. Keybot does not print any pre-scheduled numbers this week.

12/15/13; 7:00 PM EST =

12/8/13; 7:00 PM EST = +44; signal line is +34

12/6/13; 12:41 PM EST = +44; signal line is +34; go long 1803; (Benchmark SPX for 2013 = +26.4%)(Keybot this trade = -3.3%; Keybot for 2013 = +14.7%)(Actual this trade = -7.1%; Actual for 2013 = +8.0%)

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

Keybot the Quant remains long through the weekend. Monday will be interesting to see if a whipsaw occurs, or, price marching to new all-time highs. Bulls need higher utilities and/or higher copper to create more all-time highs. Bears need higher volatility and/or lower commodities to reverse the Friday spurt. The price levels of interest can be identified once Keybot prints the pre-scheduled Sunday number tomorrow. Markets remain erratic, unstable and a coin-flip.

12/8/13; 7:00 PM EST =

12/6/13; 12:41 PM EST = +44; signal line is +34; go long 1803; (Benchmark SPX for 2013 = +26.4%)(Keybot this trade = -3.3%; Keybot for 2013 = +14.7%)(Actual this trade = -7.1%; Actual for 2013 = +8.0%)

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

Keybot the Quant flips to the long side at SPX 1803. Volatility collapsed catapulting the SPX higher. VIX is under 13.95 causing market bullishness. The near one-month of market drama finally gives way to a move to the upside. The algo exits SDS and enters SSO. The last trade lost about -3% for the algorithm program and -7% for the actual trading. The imminent turn status remains since the markets can very well whipsaw back to the bear side either today or Monday. Markets remain erratic and unstable but the bulls are driving the bus now. Bears need VIX above 13.95.  Bulls need either JJC above 39.68 and/or UTIL above 491.25 to gain more upside fuel. If you do not see copper and utilities moving higher it will be a tell that the upside may be limited moving forward.

12/8/13; 7:00 PM EST =

12/6/13; 12:41 PM EST = +44; signal line is +34; go long 1803; (Benchmark SPX for 2013 = +26.4%)(Keybot this trade = -3.3%; Keybot for 2013 = +14.7%)(Actual this trade = -7.1%; Actual for 2013 = +8.0%)

12/6/13; 11:52 AM EST = +44; signal line is +33 but algorithm remains short

12/6/13; 10:49 AM EST = +30; signal line is +33

12/6/13; 10:00 AM EST = +44; signal line is +33 but algorithm remains short

12/6/13; 9:46 AM EST = +44; signal line is +33 but algorithm remains short

12/6/13; 9:00 AM EST = +30; signal line is +33

12/3/13; 1:22 PM EST = +30; signal line is +33

12/2/13; 3:32 PM EST = +16; signal line is +34

12/2/13; 11:48 AM EST = +30; signal line is +34

12/2/13; 9:48 AM EST = +16; signal line is +35

12/1/13; 7:00 PM EST EOM = +30; signal line is +35

11/27/13; 10:00 AM EST = +30; signal line is +36

11/26/13; 10:20 AM EST = +30; signal line is +36

11/26/13; 10:00 AM EST = +46; signal line is +37 but algorithm remains short

11/26/13; 9:00 AM EST = +46; signal line is +37 but algorithm remains short

11/25/13; 9:37 AM EST = +46; signal line is +37 but algorithm remains short

11/24/13; 7:00 PM EST = +30; signal line is +37

11/21/13; 9:39 AM EST = +30; signal line is +39

11/20/13; 2:43 AM EST = +14; signal line is +39

11/20/13; 10:43 AM EST = +30; signal line is +40

11/20/13; 10:00 AM EST = +46; signal line is +40 but algorithm remains short

11/19/13; 1:01 PM EST = +30; signal line is +41

11/19/13; 12:41 PM EST = +46; signal line is +41 but algorithm remains short

11/19/13; 11:26 AM EST = +30; signal line is +42

11/18/13; 9:37 AM EST = +46; signal line is +42 but algorithm remains short

11/17/13; 7:00 PM EST = +30; signal line is +42

11/10/13; 7:00 PM EST = +30; signal line is +42

11/8/13; 10:00 AM EST = +30; signal line is +43

11/8/13; 9:00 AM EST = +30; signal line is +43

11/7/13; 3:32 PM EST = +30; signal line is +44

11/7/13; 2:40 PM EST = +46; signal line is +44 but algorithm remains short

11/7/13; 1:51 PM EST = +30; signal line is +45

11/6/13; 9:54 AM EST = +46; signal line is +47

11/5/13; 2:02 PM EST = +30; signal line is +47

11/5/13; 10:25 AM EST = +46; signal line is +48

11/5/13; 9:37 AM EST = +30; signal line is +48

11/4/13; 12:52 PM EST = +46; signal line is +49

11/4/13; 9:49 AM EST = +30; signal line is +50

11/4/13; 9:37 AM EST = +46; signal line is +52

11/3/13; 7:00 PM EST = +46; signal line is +53

10/31/13; 7:00 PM EST EOM = +46; signal line is +54

10/30/13; 1:17 PM EST = +46; signal line is +54

10/30/13; 10:35 AM EST = +62; signal line is +56 but algorithm remains short

10/30/13; 10:24 AM EST = +46; signal line is +56

10/30/13; 10:10 AM EST = +62; signal line is +57 but algorithm remains short

10/29/13; 2:05 PM EST = +46; signal line is +56

10/29/13; 1:33 PM EST = +30; signal line is +57

10/29/13; 10:43 AM EST = +46; signal line is +58

10/29/13; 10:26 AM EST = +62; signal line is +57 but algorithm remains short

10/29/13; 10:00 AM EST = +46; signal line is +57

10/29/13; 9:37 AM EST = +48; signal line is +57

10/28/13; 10:31 AM EST = +32; signal line is +57

10/27/13; 7:00 PM EST = +48; signal line is +58

10/25/13; 10:00 AM EST = +48; signal line is +58

10/23/13; 11:29 AM EST = +48; signal line is +59

10/23/13; 10:20 AM EST = +32; signal line is +59

10/23/13; 9:51 AM EST = +48; signal line is +60; go short 1746; (Benchmark SPX for 2013 = +22.4%)(Keybot this trade = +3.9%; Keybot for 2013 = +18.0%)(Actual this trade = +7.8%; Actual for 2013 = +15.1%)

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

Keybot the Quant remains short as the intense market action continues. The bulls spike markets higher today. UTIL tags the 491.25 number but retreats. JJC tags 39.68 but retreats. VIX drops under 13.95 supplying bull fuel, but moves back above 13.95, now at 14.00, favoring bears. How interesting it is that the price action is tagging all three areas and levels Keybot identified ahead of time? The algo was a hair away from flipping long due to the lower volatility but did not trigger. Watch VIX 13.95; bulls need lower volatility to be able to get the model to flip long. JJC is now at 39.53 and needs to move above 39.68+ to help bulls. UTIL needs to move above 491.25 to help bulls. Markets are a coin-flip. Watch VIX 13.95 and the current SPX HOD at 1802.36; these are the 2 key elements in real-time right now.

12/8/13; 7:00 PM EST =

12/6/13; 10:49 AM EST = +30; signal line is +33

12/6/13; 10:00 AM EST = +44; signal line is +33 but algorithm remains short

12/6/13; 9:46 AM EST = +44; signal line is +33 but algorithm remains short

12/6/13; 9:00 AM EST = +30; signal line is +33

12/3/13; 1:22 PM EST = +30; signal line is +33

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

Keybot the Quant remains short and 2 days pass with the algo idling and not printing any numbers. 2 pre-scheduled numbers print tomorrow morning. The algo is prioritizing a similar theme. Bears need GTX 4809, UTIL 482.94 and/or XLF 20.90. Note that UTIL keeps drifting lower to tease the 482.94 trap-door trigger for markets but the bulls keep finding a way to prevent the collapse.  Bulls need JJC 39.67 and/or UTIL 491.25 and if 1 of these 2 turn bullish, and the SPX prints above 1793, and stays above, Keybot will likely flip long. Therefore, copper trading overnight is important. In addition, the lower UTIL number to watch next week will be 477.87 instead of the 482.94, a much easier level for bulls to maintain. Into the closing bell, watch to see how UTIL moves. Any print under UTIL 480 is bearish for markets next week but if UTIL heads up towards 490+, this hints that the bulls will be in good shape for the days ahead. Obviously, the 10-year yield will move off the Monthly Jobs Report number and a jump higher in yields will send utilities plummeting and a drop in yields will send utes higher. The retail sector is weakening and the algo is monitoring RTH 58.90 so keep that in mind should markets deteriorate.

For the SPX, starting at 1785, the bulls need to push above 1793, and it will be a big bull party into the weekend with SPX heading towards 1800. The bears need to push under 1783 and the downside will accelerate to test the 1778-ish level quickly where price will either bounce, or die. A move through 1784-1792 is sideways action. The 3 weeks of sideways action through SPX 1782-1814 may all come to a head tomorrow. A decision is needed. Markets remain erratic and unstable.

12/8/13; 7:00 PM EST =

12/6/13; 10:00 AM EST =

12/6/13; 9:00 AM EST =

12/3/13; 1:22 PM EST = +30; signal line is +33

12/2/13; 3:32 PM EST = +16; signal line is +34

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

Keybot the Quant remains short and idles through the Wednesday session without printing any numbers. The algo is currently tracking copper, JJC 39.67, commodities, GTX 4809, utilities, UTIL 483 and 491, volatility, VIX 13.95 and financials, XLF 20.90. The Thursday session will begin with JJC causing bearishness, GTX causing bullishness, UTIL 483 causing bullishness, UTIL 491 causing bearishness, VIX causing bearishness and XLF causing bullishness. Thus, bulls need JJC 39.67 (only 23 cents away), VIX 13.95 and/or UTIL 491, and it will be smooth sailing higher for the stock market. If 1 of these 3 turn bullish, and the SPX prints above 1800 and stays above, Keybot will likely flip long. The bears need to push GTX under 4809, UTIL under 483 and/or XLF under 20.90 to create a strong down leg in equities.

For the SPX starting at 1793, the bulls need to push above 1800 to accelerate the upside. The bears need to push under 1779 to accelerate the downside. A move through 1780-1799 is sideways action. S&P futures are flat 4 hours before the opening bell. Markets remain a coin-flip but will probably commit to a firm direction at any time (the SPX is sideways through 1780-1810 for the last 3 weeks), and the direction will be identified by the parameters above. Bulls need higher copper. Bears need lower commodities. Copper and commodities are weak in early trading. Watch JJC 39.67 and GTX 4809 closely.

12/6/13; 9:00 AM EST =

12/3/13; 1:22 PM EST = +30; signal line is +33

12/2/13; 3:32 PM EST = +16; signal line is +34

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

Keybot the Quant remains short as the market drama continues. The markets remain a coin-flip as evidenced by the algo number only 3 ticks from the signal line. Bulls pushed commodities higher to keep markets elevated. Watch GTX 4808.90, now at 4812.20, creating market bullishness. For Wednesday, the bulls need UTIL above 491.20 and/or VIX below 13.94, and the SPX will begin moving higher again. If 1 of these 2 turn bullish, and the SPX moves above 1800, and stays above, Keybot will likely flip long. The bears need GTX under 4808.90, UTIL under 482.94 and/or XLF under 20.91 to lock in more downside.

For the SPX starting at 1795, the bulls need to move above 1800 to accelerate the upside. The bears need to push under 1788 to accelerate the downside. A move through 1789-1799 is sideways action. GTX 4808.90, VIX 13.94, UTIL 491.20 and 482.94, XLF 20.91 and SPX 1800 and 1788, will dictate market direction forward. The imminent turn notation is back in the title line. Markets continue dancing on a knife edge and must decide on a firm direction. Watch GTX 4808.90 at the opening bell.

12/6/13; 9:00 AM EST =

12/3/13; 1:22 PM EST = +30; signal line is +33

12/2/13; 3:32 PM EST = +16; signal line is +34

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short. The market oddness continues with the algo weakening but equities remaining elevated. Market bears are a hair away from creating strong downside if UTIL 482.94 fails. UTIL begins at 485.15 only 2 points away from opening the trap-door. The market weakness yesterday was created with the VIX moving above 13.94 and this bull-bear danger line remains in play. Equities will leak lower as long as the VIX stays above 13.94, now at 14.23. The bulls need either UTIL 491.20, VIX 13.94 and/or GTX 4805, any one of these will do, and equities will recover and move higher again. The bears need UTIL 482.94 and all Hades will likely break loose for markets with a substantial drop lower.

For the SPX starting at 1801, the bulls need to push above 1810 and that will start the trek to the 1820's. The bears need to push only a couple points lower, under 1799, to accelerate the downside. S&P futures are -4.4 at this writing 3-1/2 hours before the opening bell. A move through 1800-1809 is sideways action for Tuesday trading. The imminent turn notation is temporarily removed from the title line since the algo number is now 18 points under the signal line, however, if utes, volatility and/or commodities turn bullish, as described above, consider the imminent turn notation to be back in play for the bulls. The bears have markets on a silver platter only needing to send UTIL under 482.94 to begin more extensive downside selling.

12/6/13; 9:00 AM EST =

12/2/13; 3:32 PM EST = +16; signal line is +34

12/2/13; 11:48 AM EST = +30; signal line is +34

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

Keybot the Quant remains short and the odd market behavior continues. The algo weakened this morning but the stock market refuses to die and remains buoyant. Watch VIX 13.94 as the bull-bear line in the sand. Volatility dances above and below. Bears need VIX above 13.94.  Bulls need VIX under 13.94. UTIL remains in the middle of the happy bear level at 483 and happy bull level at 491 unable to commit. Copper is weak. GTX gains priority in the hierarchy. Watch GTX 4806, now at 4772 causing market negativity. Bulls would receive upside fuel with GTX 4806 and/or UTIL 491. If one of these two turn bullish, and the SPX moves above 1814, and stays above, Keybot will likely flip long. Bears need VIX above 13.94 and UTIL under 483 for equities to start dropping in earnest. The beat goes on. 

12/6/13; 9:00 AM EST =

12/2/13; 11:48 AM EST = +30; signal line is +34

12/2/13; 9:48 AM EST = +16; signal line is +35

12/1/13; 7:00 PM EST EOM = +30; signal line is +35

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

Keybot the Quant is short moving into the new week of trading. Markets remain a crap shoot for nearly 3 weeks. The broad indexes drift higher but have not received the much needed confirmation energy from utilities, copper and/or commodities. Thus, bulls need UTIL 490.63 and/or JJC 39.75 to confirm the move to the SPX 1820's. Bears will take control with either UTIL 482.94 and/or VIX 13.89. So bulls need higher utilities and copper while bears need lower utilities and higher volatility. If the 4 parameters above remain in their respective camps, markets move sideways.

For the SPX starting at 1806, the bulls need to touch the 1814 handle and an acceleration to the 1820's will occur in quick order. The bears need to push under 1804, only 2 points lower, to accelerate the downside. A move through 1805-1813 is sideways action. S&P futures in early Sunday evening action are +2. Copper is flat. The algo continues to favor the bears despite the markets floating higher each day. If UTIL moves above 490.63 or JJC above 39.75, and the SPX above 1814, and stay above, Keybot will likely flip long.  If UTIL loses 482.94, this will have a trap-door affect on markets and the broad indexes should deteriorate in quick order. If UTIL moves under 483 and the VIX moves above 13.89, the markets will be selling off rapidly.  Watch UTIL 490.63, UTIL 482.94, JJC 39.75, VIX 13.89 and SPX 1814 and 1804 to determine market direction. Keybot prints 2 pre-scheduled numbers this week, both of them Friday morning. Markets remain erratic and unstable.

12/8/13; 7:00 PM EST =

12/6/13; 10:00 AM EST =

12/6/13; 9:00 AM EST =

12/1/13; 7:00 PM EST EOM = +30; signal line is +35

11/27/13; 10:00 AM EST = +30; signal line is +36