Tuesday, March 11, 2014

VIX Volatility Daily Chart

Volatility is impacting market direction more than any other parameter currently. VIX 14 is the bull-bear line in the sand. Markets will sell off above 14. Markets will rally below 14. The 200-day MA is 14.69 and another key metric. Markets will sell off strongly above VIX 14.69. Yesterday, the VIX punched up through and played around at this level but finished under 14.69 which is a small win for bulls. Bears are in good shape as long as they keep VIX above 14.

The markets will tip their hand at any time moving forward. Bulls win big under VIX 14. Bears win big above 14.69This 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.

Note Added 7:44 PM: VIX remains above 14 and finishes at 14.80 above the critical 200-day MA. Market bears need to see further follow-through on Wednesday to lock-in sustainable negativity. Bulls need VIX under 14 or they got nothing.

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