VIX Daily Chart 200-Day MA

Watch the VIX 200-day MA buy/sell signal. As the VIX moves up through the 200 (red circles) you want to be short. When the VIX moves down through the 200 (green circles) you want to be long. With the jobs number only two hours away, watch the reaction in the VIX. If the VIX moves up the markets will obviously be selling off (volatility moves opposite to equities) but if the jobs number creates a happy market mood and higher equities today, watch to see if the VIX drops under the 200-day MA, or not.

Even if the broad indexes rally strongly today, the bears will remain in the game for next week if the VIX does not drop under the 200. A market recovery rally will be confirmed when the VIX falls under 14.56. This information is or 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 4:43 PM: The bulls pump the markets 24 SPX points to 1797 in a wild upside orgy. The VIX plummets, as would be expected, and ends the session at 15.29, with a LOD 15.09, however, the VIX remains above the 200-day MA. For the weekend, bulls celebrate the large upside rally day. The bears celebrate since they remain in the game with the VIX remaining above the 200-day. Monday will be high drama.