STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long and the aglo is very active printing five numbers to begin the new week of trading. Despite the flat move in the broad indexes in Monday trading, the bulls have strongly boosted their push higher for equities. In the afternoon, the SOX (semiconductors) moves above the 612.95 bull-bear line in the sand identified by Keybot which guarantees buoyancy in markets. Bears will need to push SOX under 612.95 to stop the upside rally, otherwise, they got nothing.

The bulls are very close to creating further upside strength. Copper trades higher this morning which will send JJC higher. The bull-bear line in the sand is JJC 37.16 with price beginning at 37.00. Equities will move strongly higher if JJC moves above 37.16 only sixteen pennies away. The bulls will also receive strength if NYA moves above 10650. So its all going the bulls way for the last couple weeks.

For the SPX starting at 1962, the bulls need to touch the 1965 handle and this will create an upside acceleration. S&P futures are +10 at this writing about three hours before the opening bell easily able to punch up through the 1965. The bears need to push under 1951 to accelerate the downside. A move through 1952-1964 is sideways action but will only occur if semiconductors are weak today.

The bulls are cruising with the bears locked in the trunk. SOX under 612.95 will stop the upside rally, otherwise, equities will continue floating higher. Keybot prints a pre-scheduled number one-half hour after the opening bell.

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

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

10/27/14; 2:13 PM EST = +25; signal line is -14

10/27/14; 1:46 PM EST = +9; signal line is -15

10/27/14; 12:41 PM EST = +25; signal line is -16

10/27/14; 11:42 AM EST = +9; signal line is -18

10/27/14; 11:25 AM EST = +25; signal line is -18

10/26/14; 7:00 PM EST = +9; signal line is -20