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

Keybot the Quant is bullish moving into the Wednesday session. Markets remain a toss-up. Since equities are jumping higher, no one noticed commodities dropping. The bears need GTX 4880 and lower to create market negativity. Also, bears need RTH under 59.53 and/or VIX above 14.47. Any one of these three will place an immediate lid on the market upside, otherwise, markets float higher. Bulls will receive more upside fuel with higher copper with JJC moving above 37.75 (this equates to copper moving up to 3.10-3.11 and higher now printing about 3.06).

For the SPX starting at 1886, any smidge of green in the S&P futures will create several more handles of upside with price moving into the 1890's. The S&P futures are +2 as this is typed less than three hours before the opening bell. The bears must retrace yesterdays move and push the SPX under 1874 to regain downside mojo. A move through 1875-1886 is sideways action.

The bulls are driving the bus but markets remain a bull-bear struggle. Bulls will push equities higher unless the bears achieve GTX 4880, RTH 59.53 and/or VIX 14.46. If any one of these three parameters turn bearish and the SPX drops under 1874, Keybot will likely flip back to the short side so the imminent turn notation remains for now. Today will be interesting. The ECB Rate Decision is tomorrow and Monthly Jobs Report Friday morning so the markets may experience wild gyrations as the week finishes.

4/4/14; 9:00 AM EST =

4/1/14; 9:30 AM EST = +63; signal line is +48; go long 1877; (Benchmark SPX for 2014 = +1.6%)(Keybot this trade = -0.2%; Keybot for 2014 = +3.8%)(Actual this trade = -1.0%; Actual for 2014 = +3.7%)