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

Keybot the Quant remains long but the algo is champing at the bit to go short. The algo number is under the signal line but internal programming rules are not fully latched to permit the move to the short side. The key parameter would be SPX dropping under 2087 which would likely cause the algo to flip short. The SPX is at 2098 as this is typed. If UTIL moves back above the key level of 587.10 (now down to a 583 handle), then the bulls will recover and rally stocks higher.

8/7/15; 9:00 AM EST =

8/4/15; 9:36 AM EST = +3; signal line is +5 but algorithm remains long

8/3/15; 3:46 PM EST = +19; signal line is +4