Saturday, November 30, 2013
VIX Volatility 1-Minute Chart
In the final one-half hour of trading, the VIX shot skyward over +5.5%. Just when long traders were lulled into a sleepy contentment from the combination of turkey tryptophan and the ongoing siren song from future Fed Chair Yellen, whammo. Volatility spiked but no one noticed since happy hour for the holiday weekend had already begun. Keystone's trading algo, Keybot the Quant, is tracking VIX 13.89 as the bull-bear line in the sand, now only 19 pennies away. Bad things will happen to equities if VIX moves above 13.89. Market bulls are fine if VIX stays under 13.89. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.