Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. VIEW IN GOOGLE CHROME BROWSER. DISABLE YOUR ADBLOCK SOFTWARE.
Wednesday, December 11, 2013
VIX Volatility Daily Chart Overtakes 200-Day MA
The VIX punched up through the 200-day MA at 14.34 signaling bearish markets ahead.Equities are bullish if the VIX is under the 200 and bearish if the VIX is above the 200. The 14.02 level is another important level identified by Keystone's algo, Keybot the Quant, and represents a very important bull-bear line in the sand.Market bears are happy moving forward with the VIX above both key levels. 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.