The VIX battles at the critical 200-day MA at 16.26 which serves as a bull-bear line in the sand. Bears win with higher volatility above the 200-day while bulls win below the 200-day with less volatility. This battle tells you market direction today. At 16.37, above the 16.26, the market bears are winning so far. The Keybot the Quant algorithm wants to see VIX above 18.20 before serious market selling would be locked on course. Watch VIX 16.26 like a hawk.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 10:20 AM EST: VIX is 16.79 so the market bears are smiling today. SPX is at 2077 under the important 20-day MA resistance at 2080 and November's starting number at 2079.
Note Added 9:00 PM EST: The VIX dropped under 16.26 before lunch time so you knew stocks would recover. VIX ends the day at 15.93. The bulls punch the bears in the face.
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