The VIX tells a lot about stock market direction these days. The 200-day MA bull-bear line in the sand is at 14.96. VIX is above 14.96 so bears win. The red circles show the bear victories while the green circles show when the bulls rule.
The bears remain in control of the stock market as long as the VIX remains above 14.96. If VIX drops below 14.96, the bulls will be trying to stage a relief rally.
Keybot the Quant is short and tracking VIX 13.10 as the bull-bear line in the sand which says bears remain in good shape as long as the VIX stays above 13.10.
Stocks will tank as long as the VIX is above 14.96. The bulls and bears battle between 13.10 and 14.96 with the bears having a slight edge. The stock market will likely chop sideways with a slight downward bias. The bulls win big if the VIX drops below 13.10. Stocks will be catapulting 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.
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