Keybot the Quant, Keystone's prorietary trading algorithm, is short and tracking VIX 18.18 as the key bull-bear line in the sand. Bulls are punched in the gut with the VIX above 18.18 and stocks should deteriorate lower--as long as the VIX remains above 18.18. Since price is only pennies above, you can use this as the key parameter today that tells you broad market direction. Bears win above 18.18. Bulls will stop the market selling and stabilize markets sideways at 16.30-18.18. Under 16.30 and stocks will be rallying strongly higher. 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.
Note Added Saturday, 11/14/15: The bears continue to flex their muscles with VIX above 20 at 20.08 with a HOD at 20.67.
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