VIX Volatility Daily Chart

The VIX remains  under the 200-day MA sending the stock market higher. Low volatility is the bulls best friend and the corrupt central banker's maintain their jack boots on the neck of the VIX holding it down so stocks can rally. The stock market rally began mid-February as was expected due to the elevated fear with the VIX above 30. As March began, the VIX lost the 200-day MA so the bulls win and bears lose. Note the textbook back test of the 200-day in early March the VIX coming back up for a bounce or die decision and deciding to fail. Lower volatility creates a higher stock market.

The purple sideways channel represents the market bulls punching the bears in the face. Bears got nothing unless the VIX moves above the 200-day MA at 18.74. The Keybot the Quant algorithm is on the long side currently and tracking the VIX 18.22 level as a key bull-bear inflection point (red bar). Thus, the market bears need to move above 18.22 and you will see the stock market deteriorate extremely fast. If the VIX remains below 18.22, the bulls have their feet up on the desk relaxing, smoking cigars, and dabbing the ashes in the bear's face. 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.