Thursday, September 15, 2016

VIX Volatility Daily Chart

The VIX slips under the important 200-day MA at 16.72 ushering in bullish markets for the hours and days ahead. Bulls win below 16.72. Bears win above 16.72.

Keybot the Quant identifies XLF 23.84 as a key bull-bear line in the sand. Price is at 23.88 which creates lift in the broad stock market. Thus, bulls have lower volatility and higher banks on their side. Bears got nothing unless they push VIX above 16.72 and XLF below 23.84. 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 11:47 AM EST: VIX 16.29. XLF 23.92. SPX 2142.

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