STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long moving into the new week of trading. The bulls slap the bears in the face day after day. Keybot has been long since October longer than the typical time period for the algorithm to flip sides. The VIX begins at 11.82 and the market bears need the VIX above 14.48 to lock-in downside selling pressure.

The JJC begin at 35.08 under the 36.35 level the bulls need to lock-in a new up leg for stocks sending the SPX towards 2100. Either volatility or copper will flinch to light the way forward. Until then, stocks float sideways to sideways higher.

For the SPX starting at 2075 for Monday, the bulls need to push above 2079.50 and an upside acceleration will kick in sending price well into 2080's and likely locking in the path to 2100. The bears need to push under 2071 to accelerate the downside. If the bears can push the VIX above 14.48 and the SPX under 2071, Keybot will likely flip short. If volatility starts ratcheting strongly higher, consider the imminent turn to be in play. Without higher volatility the bears got nothing.

A move through SPX 2072-2079 is sideways action to begin the week. The algo number is only two ticks from the signal line verifying a big bull-bear battle ongoing. If you take away last Monday's selloff and quick Tuesday recovery (due to the PBOC rumors on more triple R cuts that will create stimulus), the SPX has moved sideways through 2066-2075, in less than a 10-point range, for the last two weeks. Keybot prints one pre-scheduled number this week on Friday morning. The bulls are driving the bus.

12/14/14; 7:00 PM EST =

12/12/14; 10:00 AM EST =

12/7/14; 7:00 PM EST = +58; signal line is +56

12/5/14; 9:00 AM EST = +58; signal line is +56