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

Keybot the Quant remains long moving into the new week of trading. As mentioned in the previous post, utilities will tell the story. The bears have the advantage with UTIL under the critical 506.57 which will remain a key level for the entire week. The algo number is expected to drop lower in the opening minutes of trading--unless the utilities jmp higher above UTIL 506.57. If UTIL moves above 506.57, the bulls will establish an upside recovery rally or at the least stabilize a sideways move. If UTIL stays under 506.57, markets will weaken and sell off.

In addition, the bulls need XLF 21.43 or GTX 4779 to lock in a firm upside move. The bulls ran out of gas in these two areas on Friday so the real decision maker for market direction is likely the utes as described above.

For the SPX starting at  1783, the bulls need to touch the 1794 handle to ignite an upside acceleration while the bears need to push under 1772 to accelerate the downside. A move through 1773-1793 is sideways action. The algo wants to go short (algo number is under the signal line) but the internal programming rules are prohibiting the move, for now. Keybot has one pre-scheduled number on tap Friday morning. The bulls are driving the bus but the bears are fighting for control of the steering wheel.

2/9/14; 7:00 PM EST =
2/7/14; 9:00 AM EST = 

2/2/14; 7:00 PM EST EOM = +2; signal line is +5 but algorithm remains long

1/31/14; 10:00 AM EST = +2; signal line is +6 but algorithm remains long

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

Keybot the Quant remains long through the weekend. Utilities will tell the story on Monday morning. The bears have the advantage with UTIL under the critical 506.57 which will remain a key level for the entire week. Lots of price drama occurs at this level yesterday and the bears pushed it lower into the closing bell. If UTIL moves above 506.57, the bulls will establish an upside recovery rally. If UTIL stays under 506.57, markets will weaken and sell off. Other areas and levels of interest can be identified once the Sunday pre-scheduled number prints. Keybot wants to go short since the algo number is below the signal line but the move will not yet latch into place.

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

1/31/14; 10:00 AM EST = +2; signal line is +6 but algorithm remains long

1/31/14; 9:36 AM EST = +2; signal line is +8 but algorithm remains long

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

Keybot the Quant is long as today's drama plays out. The algo wants to go short right now but the internal programming rules are not latching in place as yet. GTX falls under 4780 creating market negativity. Note the boost in utilities. The bulls are jamming UTIL to 506.57 since they know the consequences next week if they fail. UTIL is now printing 506.20 after running up to 507 minutes ago, spanked down from the 506.57. Isn't it amazing that Keybot can identify these price levels before they occur?

Financials, XLF, remain weak causing market negativity. Watch UTIL 506.57 and GTX 4780. Bulls need one or both of these levels to prove they want to take the indexes higher. If not, markets will weaken again. The SPX dropped under the 1777 after the open but there were whipsaw rules in play that prevented the move short. A timer has now expired and no longer affects the algo. If the SPX drops below 1772.26 today, and holds it under about 5 minutes, Keybot will likely flip short. The bears need to keep UTIL under 506.57 to prove they mean business into next week. Bulls need GTX 4780 or UTIL 506.57 to prove they want to take equities higher. For now, the bulls remain in control. Watch GTX 4780, UTIL 506.57 and SPX 1722.26.

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

1/31/14; 10:00 AM EST = +2; signal line is +6 but algorithm remains long

1/31/14; 9:36 AM EST = +2; signal line is +8 but algorithm remains long

1/30/14; 11:23 AM EST = +16; signal line is +10; go long 1791; (Benchmark SPX for 2014 = -3.1%)(Keybot this trade = +2.0%; Keybot for 2014 = +1.3%)(Actual this trade = +3.7%; Actual for 2014 = +2.0%)

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long moving into the Friday session. The algo is tracking commodities and financials. The market bulls need XLF 21.44; now at 21.31 creating bearishness. The bears need GTX 4780; now at 4784 creating bullishness. One of these two should flinch and markets will move in that respective direction. If the status quo remains, with XLF under 21.44, and GTX above 4780, then equities will stagger sideways into the weekend.

Utilities are worth watching although they will likely not have any impact on market direction on Friday. UTIL is not a factor now since it jumped higher to 502, however, for next week the two key levels are 506.57 and 495.00. The bulls pumped the utes today to try and develop some momo to move UTIL above 505-507 before tomorrow's bell. The bulls must finish the day above UTIL 506.57 at 4 PM EST, otherwise, the market bears will receive an advantage come Monday morning. UTIL 506.57 will also indicate how strong, or not, the market rally is so watch it closely Friday afternoon (above 506.57 indicates that the rally is strong and will continue into next week; below 506.57 indicates the market rally will peter out and stall).

For the SPX starting at 1794, the bulls need to touch the 1799 handle and a big upside party will result with price moving towards 1806 and potentially 1808-1810. The bears need to push under 1777, a formidable task but not impossible, to regain their mojo. Instead, bears will focus on weakening utilities and moving GTX under 4780. A move through 1778-1798 is sideways action into the weekend. If the GTX falls under 4780, and the SPX drops under 1777, Keybot will likely flip to the short side. If XLF moves above 21.44, equities will rally far higher. Keybot prints a pre-scheduled number tomorrow morning. The caution flag remains out.

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

1/31/14; 10:00 AM EST =

1/30/14; 11:23 AM EST = +16; signal line is +10; go long 1791; (Benchmark SPX for 2014 = -3.1%)(Keybot this trade = +2.0%; Keybot for 2014 = +1.3%)(Actual this trade = +3.7%; Actual for 2014 = +2.0%)

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the long side a short time ago at SPX 1791. Utilities (UTIL) and commodities (GTX) create the market rally. The algo is now tracking financials. Watch XLF 21.44. XLF is now at 21.30. Above 21.44 and markets will run far higher. The bears have to hold the line and prevent XLF 21.44 while pushing utilities and commodities lower. As always, stay alert for a whipsaw today or tomorrow since utilities may collapse just as easily as they spiked.

For now, the bulls are driving the bus and have taken control of the markets with one day remaining in January. The caution flag remains out since the bulls will be in immediate trouble and can quickly lose control if GTX, now at 4790, drops under 4780, or if the utes collapse. The algorithm program gained +2% on the last trade and the actual trading triggered by the algo gained nearly +4% so that starts the year off nicely. Keybot cylced out of SDS and entered DDM. Markets remain very unstable and erratic. Stay very alert in these fast-moving and volatile markets.

1/31/14; 10:00 AM EST =

1/30/14; 11:23 AM EST = +16; signal line is +10; go long 1791; (Benchmark SPX for 2014 = -3.1%)(Keybot this trade = +2.0%; Keybot for 2014 = +1.3%)(Actual this trade = +3.7%; Actual for 2014 = +2.0%)

1/30/14; 9:36 AM EST = +16; signal line is +12 but algorithm remains short

1/29/14; 3:13 PM EST = -16; signal line is +13

1/29/14; 2:35 PM EST = +0; signal line is +16

1/29/14; 2:23 PM EST = -16; signal line is +17

1/29/14; 2:05 PM EST = -30; signal line is +20

1/29/14; 1:05 PM EST = -14; signal line is +25

1/29/14; 12:44 PM EST = +2; signal line is +25

1/28/14; 2:40 PM EST = -14; signal line is +26

1/28/14; 2:05 PM EST = -30; signal line is +28

1/28/14; 12:36 PM EST = -14; signal line is +31

1/28/14; 10:00 AM EST = -30; signal line is +33

1/27/14; 9:36 AM EST = -30; signal line is +35

1/26/14; 7:00 PM EST = -14; signal line is +38

1/24/14; 1:59 PM EST = -14; signal line is +39

1/24/14; 9:36 AM EST = +2; signal line is +41

1/23/14; 10:45 AM EST = +18; signal line is +42

1/23/14; 9:38 AM EST = +34; signal line is +42

1/21/14; 9:38 AM EST = +48; signal line is +42 but algorithm remains short

1/19/14; 7:00 PM EST = +32; signal line is +42

1/17/14; 10:00 AM EST = +32; signal line is +42

1/17/14; 9:00 AM EST = +33; signal line is +43

1/13/14; 2:28 PM EST = +33; signal line is +44; go short 1827; (Benchmark SPX for 2014 = -1.1%)(Keybot this trade = -0.5%; Keybot for 2014 = -0.7%)(Actual this trade = -1.1%; Actual for 2014 = -1.7%)

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

Keybot the Quant remains short but wants to go long. The algo number is now above the signal line but the internal programming rules will not yet latch to allow the move. Utilities are strong today creating broad market strength. If the SPX moves above 1790.61, and remains above, Keybot will likely flip long. Thus, the imminent turn notation is added to the title line above.

1/31/14; 10:00 AM EST =

1/30/14; 9:36 AM EST = +16; signal line is +12 but algorithm remains short

1/29/14; 3:13 PM EST = -16; signal line is +13

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short. The algo was active yesterday afternoon. Note how the bulls are trying to close the distance between the algo number and the signal line. Utilities provided the drama yesterday. Continue watching 494.90 and 496.05. Bulls need UTIL 494.90 to create a recovery rally. Bulls sent GTX above 4779 to create buoyancy late day yesterday so watch this number closely. Bears need to push GTX under 4779.

For the SPX starting at 1774, the bulls need to push above 1790 to create an upside acceleration to 1796 in a heartbeat. S&P futures are pointing to a gain of about 13 points at the opening bell. The bears need to push under 1770.50 to accelerate the downside. A move through 1771-1789 is sideways action. If the bulls can push utilities above the two levels listed above, and the SPX moves above 1790, and all remain above, Keybot may flip to the long side. The caution flag is out.

1/31/14; 10:00 AM EST =

1/29/14; 3:13 PM EST = -16; signal line is +13

1/29/14; 2:35 PM EST = +0; signal line is +16

1/29/14; 2:23 PM EST = -16; signal line is +17

1/29/14; 2:05 PM EST = -30; signal line is +20

1/29/14; 1:05 PM EST = -14; signal line is +25

1/29/14; 12:44 PM EST = +2; signal line is +25

1/28/14; 2:40 PM EST = -14; signal line is +26

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short moving into the Wednesday session. UTIL closed above 494.90 finally providing a feather for the bulls cap and creating the up move in equities today. The market bulls need UTIL 496.05, GTX 4779 and/or XLF 21.45. Any 1 of these 3 will send the SPX above 1800 and higher. The bears need to focus on pushing UTIL immediately under 494.90 again, the trap-door, which will create market selling. Thus, utilities will dictate market direction with UTIL 496.05 declaring the market bulls the winner and UTIL 494.90 declaring the market bears the winner.

For the SPX starting at 1793, the bulls need to touch the 1794 handle, only about one point, and price will accelerate higher to 1800. The bears need to push under 1779.50 to accelerate the downside. A move through 1780-1793 is sideways action. Watch the utilities.

1/31/14; 10:00 AM EST =

1/28/14; 2:40 PM EST = -14; signal line is +26

1/28/14; 2:05 PM EST = -30; signal line is +28

1/28/14; 12:36 PM EST = -14; signal line is +31

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short as the pre-scheduled and one other number prints thus far today. The bulls are finally able to push UTIL above 494.90 so this creates broad market lift. Note how the semiconductors, SOX, collapsed to 522.26 today, testing the critical 522.40 bull-bear line in the sand, but bounced. Thus the bulls started running with the ball pushing utes higher. Watch UTIL 494.90 and SOX 522.40.

The bulls next target for UTIL is 496.05 and if that is achieved, a firm upside recovery rally will be in place for equities with the SPX heading easily up over 1800. If UTIL loses 494.90, the bulls will fold like a cheap suit with equities tumbling lower. The bulls pushed the SPX up above 1793 today but are not yet able to touch 1796. UTIL 494.90 is very important and price is now printing 495.23.

1/31/14; 10:00 AM EST =

1/28/14; 12:36 PM EST = -14; signal line is +31

1/28/14; 10:00 AM EST = -30; signal line is +33

1/27/14; 9:36 AM EST = -30; signal line is +35

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. The algo prints one number yesterday and will print a pre-scheduled number this (Tuesday) morning. Utilities remain weak so the markets remain weak. Watch UTIL 494.90 (now higher than previous 494.50 level) and 496.05. The bulls need to move UTIL above 494.90 asap. The bears will continue the broad market weakness as long as UTIL stays under 494.90. Bulls need GTX above 4780 which would also stop the market selling. The bears need to push SOX under 522.40 to create another broad market down leg.

For the SPX, starting at 1782, the bulls need to touch the 1796 handle and an upside acceleration will occur with price moving back above 1800. S&P futures are +9 at this writing about 5 hours before the opening bell. Bulls will need about 14 points. At the same time, the Nasdaq futures are negative pulling the opposite way. The bears need to push under SPX 1773 to accelerate the downside. A move through 1774-1795 is sideways action. The bears are driving the bus. Markets remain erratic and unstable. Bulls need UTIL 494.90, GTX 4780 and/or SPX 1796. Bears need SOX 522.40 and/or SPX 1773.

1/31/14; 10:00 AM EST =

1/28/14; 10:00 AM EST =

1/27/14; 9:36 AM EST = -30; signal line is +35

1/26/14; 7:00 PM EST = -14; signal line is +38

STOCK MARKET BEARISH -- SHORT

Keybot the Quant is short moving into the new week of trading. Utilities, commodities and semiconductors are dictating market direction currently. Watch UTIL 494.50 and 496.05. If the bulls can push UTIL back above 494.50, the market selling will cease. Ditto if GTX moves above 4780 so these two goals are the focus for the market bulls. The bears need to keep UTIL under 494.50 since this will dictate market mayhem moving forward. Bears will also try to move SOX under 522 since this will create another strong leg lower for the broad indexes.

For the SPX starting at 1790, the bulls need to retrace Friday's down move, a formidable task. Instead, the bulls will simply try to stop the bleeding by sending UTIL above 494.50 and/or GTX above 4780. The bears need to simply push the SPX any amount lower, a few pennies, and that will continue the downside selling several handles lower, likely to the 1781 support. Watch the overnight futures since any hint of negativity will create the acceleration lower. A move through 1791-1826 is sideways action. Keybot prints two pre-scheduled numbers this week one on Tuesday morning and one on Friday morning. The EOM is Friday. The bears are cruising with the algo number 52 points below the signal line.

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

1/31/14; 10:00 AM EST =

1/28/14; 10:00 AM EST =

1/26/14; 7:00 PM EST = -14; signal line is +38

1/24/14; 1:59 PM EST = -14; signal line is +39

STOCK MARKET BEARISH -- SHORT

Keybot the Quant is bearish through the weekend. Markets took the pipe today when financials failed early and then the utilities collapsed into the closing bell fueling the late-day blood-bath. Utilities, commodities and semiconductors are the top three parameters affecting markets going forward. The levels of interest can be identified when the Sunday pre-scheduled number prints. As long as UTIL stays under 494.50, now at 491.96, equities are in serious trouble. The bears are on easy street with the algo number now 53 points below the signal line.

1/26/14; 7:00 PM EST =

1/24/14; 1:59 PM EST = -14; signal line is +39

1/24/14; 9:36 AM EST = +2; signal line is +41

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. The bears are cruising. VIX is above 16. Copper is negative.  Financials, XLF, collapsed causing negativity. GTX is at 4770 only 10 points from 4780 but the bulls cannot yet muster up the energy to move higher. Bulls are keeping utilities elevated and this is what is preventing an outright market collapse. Bears need UTIL 496.05 and 494.50 and all Hades will break loose in markets. Bulls must keep UTIL above 496 through the closing bell so watch this closely.

Bulls need GTX 4780 or XLF 21.52 to place a firm halt on the downward market move. The caution flag is removed for now since the bears are traveling lower without resistance as evidenced by the algo number now 39 points below the signal line. The SPX sits at 1803 support. LOD is 1800.69 so the bulls stopped a failure of the psychological 1800 level by 69 pennies, so far.

1/26/14; 7:00 PM EST =

1/24/14; 9:36 AM EST = +2; signal line is +41

1/23/14; 10:45 AM EST = +18; signal line is +42

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short moving into the Friday session to end the week. Utilities, financials, commodities and volatility are key. The UTIL 491.68 number for this week expires today and will be replaced with 496.05 through next Friday. Thus, watch UTIL 496.05 and 494.50 as critical bull-bear levels for the next six trading sessions. Note how the utilities closed a hair higher above these danger levels already knowing this requirement is in place for next week. The broad indexes will sell off if UTIL drops under the 496.05 and potentially collapse into free fall if UTIL 494.50 fails. Bears also need XLF under 21.53, only seven pennies lower, to unleash market mayhem and negativity.

The bulls are simply trying to stop the downside momo and can accomplish this if GTX is pushed above 4780 and/or VIX below 13.67. So bears need lower utilities and financials and the bulls need higher commodities and lower volatility. For the SPX starting at 1828, the bears need to push under 1820 to keep the downside party going. S&P futures are -13 at this writing. The bulls need to recover yesterday's losses and regain 1842 to get their mojo back which will be difficult considering the drop in copper. A move through 1821-1841 is sideways action today. The bears are driving the bus and if utilities or financials fail as described above the caution flag will be removed. Bears need UTIL under 496.05 and/or XLF under 21.53 to sustain the downside market momentum. Bulls need VIX under 13.67 and/or GTX above 4780. The interplay of these four parameters dictate market direction.

1/26/14; 7:00 PM EST =

1/23/14; 10:45 AM EST = +18; signal line is +42

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short. Copper collapses with JJC down to 40.17 now ushering in more sustainable market downside. UTIL is keeping its head above water on the bull side above 494.50. XLF is pennies from the 21.53 bull-bear line in the sand that will create another market down leg if it fails. Bulls cannot move GTX above 4780 so they cannot receive this spinach food they desperately need. VIX is above 14 causing negativity.

Bears need UTIL 494.50 and/or XLF 21.53 and the broad indexes will drop far more precipitously. Bulls need to push JJC back above 40.45 and/or GTX above 4780 to stop the market downside. The imminent turn status is removed since the algo number is now 24 points below the signal line. The caution flag may be removed depending on how the day finishes. XLF is at 21.60 and UTIL is 496.04; if either parameter fails the bull-bear levels shown above, markets will get very ugly; if both fail, equity markets may go into free fall. Interestingly, after all this market drama for a couple weeks, the SPX finally comes back down to the 1827 area where the aglo entered short for the current position.

1/26/14; 7:00 PM EST =

1/23/14; 10:45 AM EST = +18; signal line is +42

1/23/14; 9:38 AM EST = +34; signal line is +42

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

Keybot the Quant remains short as the Thursday session is underway. The algo is tracking several parameters which can go either way and take the markets in that respective direction. Watch UTIL 494.50, XLF 21.53, JJC 40.45, VIX 13.67 and GTX 4780. Utes, financials and copper are all causing bullishness, barely, and volatility and commodities are causing bearishness, barely, respectively. All the parameters are dancing on their respective bull-bear lines listed. Whichever way these parameters move, so goes the markets. In other words, bears need weaker utilities, financials and copper while bulls need lower volatility and higher commodities. Pay attention to UTIL 494.50 over the coming minutes since it will push equities in the same direction that it pivots. The imminent turn notation remains since the markets are erratic and unstable.

1/26/14; 7:00 PM EST =

1/23/14; 9:38 AM EST = +34; signal line is +42

1/21/14; 9:38 AM EST = +48; signal line is +42 but algorithm remains short

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

Keybot the Quant remains short as the market drama continues. Bulls and bears fight each day but neither side wants to take firm control. The algo did not print any numbers today. Keybot continues to want to go long but the program numbers will not yet latch in to place properly to allow the move. The bulls had it on a silver platter today only needing SPX 1849 and higher but could not gain the strength. For Thursday, if the SPX moves above 1847, and remains above, Keybot will likely flip long. The SPX begins at 1845 and the bears need to push under 1841 to accelerate the downside. A move through 1442-1846 is sideways action. Since this is such a tight range, a winner will likely be selected tomorrow, and this market decision may send markets in that respective direction for days and weeks ahead.

Watch UTIL 494.55, now above causing bullishness. Watch VIX 13.65, now below causing bullishness (volatility moves inverse to the markets). Watch JJC 40.46, now at 40.57 only 11 cents away, but above nonetheless, causing bullishness. Market bears need to see weak copper overnight tonight to cause JJC to fail tomorrow. Watch GTX 4780, now at 4758, only 22 points away, but below nonetheless, causing bearishness. Market bulls need to see strong commodities overnight and they will ride the GTX higher to glory.

Boiling things down more simply, bulls win with GTX above 4780 (stronger commodities) or SPX above 1847. Bears win with JJC under 40.46 (weaker copper) and must prevent SPX 1847 by all means necessary. Expect the unexpected. Markets are likely at a key inflection point and should break hard one way or the other before the weekend. Copper direction will tell a lot overnight.

1/26/14; 7:00 PM EST =

1/21/14; 9:38 AM EST = +48; signal line is +42 but algorithm remains short

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

Keybot the Quant remains short as the market antics continue. Utilities explode higher which makes for happy bulls. UTIL is at 498.21 well above the 494.55 danger line so the bulls have a large feather in their caps. Copper gains strength as the day played out. The VIX moves higher but remains under the 13.65 level the bears need to create negativity. Keybot wants to go long right now, all day in fact, but is held back since the numbers cannot yet latch properly. If the SPX moves above 1849.31 in the Wednesday session, and remains above, Keybot will likely flip long. If a gap-up occurs, however, a timer will likely kick in that would prohibit the move to the long side for about 90 minutes.

The bears need to push either UTIL under 494.55, JJC under 40.50 and/or VIX above 13.65, to create market negativity and push equities lower. Considering that the bulls only need about five SPX points after the opening bell to flip the algo long, the market bears better come to play and push utes and copper lower, and volatility higher, otherwise, the bears will fold like a cheap suit and the bulls will create new all-time highs for the SPX.

For the SPX starting at 1844, the bulls need to push above 1849 and an upside acceleration will occur, driving up through the all-time high at 1851 like a hot knife through butter and moving well into the mid and upper 1850's. The bears need to push under 1832 to accelerate the downside. A move through 1833-1848 is sideways action. The bears continue to drive the bus but the bulls have their hands on the steering wheel as well and the vehicle is careening out of control down the boulevard. Wednesday is a big day. Either the bulls print SPX 1849 and higher to lock in a few upside days ahead and new all-time highs, and Keybot to flip long, or, the bears come to play and attain at least one of the three ute, copper and/or volatility numbers listed above to initiate the beginning of a strong move lower for equities. Which side will eat their Wheaties?

1/26/14; 7:00 PM EST =

1/21/14; 9:38 AM EST = +48; signal line is +42 but algorithm remains short

1/19/14; 7:00 PM EST = +32; signal line is +42

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

Keybot the Quant remains short through the holiday weekend. Markets reopen for trading on Tuesday morning. The algo says the bears are driving the bus but the broad markets remain elevated refusing to yield. Utilities, copper and volatility will tell the tale to begin the week. Watch UTIL 491.68 and 494.12. Bulls win above 494.12. Bears win below 491.68. In between, like now with price starting the week at 492.70, and markets are unable to choose a winner. UTIL will choose a side and this will send the broad indexes in the same respective direction. In addition, the bears can receive downside juice with either JJC under 40.42 and/or VIX above 13.83. Bulls can return to easy street with UTIL 494.12.

For the SPX starting at 1839, the bulls need to push above 1846 and the upside will accelerate to test the all-time high at 1851 in a heartbeat. The bears need to push under 1835 to accelerate the downside. A move through 1836-1845 is sideways action. If UTIL moves above 494.12, and the SPX moves above 1846, and both remain above, Keybot will likely flip long. The bears will accelerate the downside with UTIL 491.68, JJC 40.42 and/or VIX 13.83. Keybot does not print any pre-scheduled numbers this week.

1/26/14; 7:00 PM EST =

1/19/14; 7:00 PM EST = +32; signal line is +42

1/17/14; 10:00 AM EST = +32; signal line is +42

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

Keybot the Quant remains short through the 3-day holiday weekend. The status is quo. UTIL could not punch down through 491.68 to help the bears, and could not pierce up through 494.12 to help the bulls, ending the day at 492.70, dead flat, something that does not happen often. The last three days are interesting since the bulls have markets on a silver platter but cannot take advantage. Utilities, copper and volatility will remain important for next week. The areas and levels of interest can be identified once the Sunday pre-scheduled number prints. Markets are closed on Monday in Observance of the Dr Martin Luther King Day holiday. 

1/19/14; 7:00 PM EST =

1/17/14; 10:00 AM EST = +32; signal line is +42

1/17/14; 9:00 AM EST = +33; signal line is +43

1/13/14; 2:28 PM EST = +33; signal line is +44; go short 1827; (Benchmark SPX for 2014 = -1.1%)(Keybot this trade = -0.5%; Keybot for 2014 = -0.7%)(Actual this trade = -1.1%; Actual for 2014 = -1.7%)