The VIX 200-day MA is a key market direction signal. Market bears win big above the 200-day MA while the bulls rule below the 200. A high VIX is fear, panic and worry while a low VIX is complacency, lack of fear and a relaxed attitude about the stock market. Buy when there is fear and blood in the streets (high VIX spikes) and sell the low points of complacency (low VIX).
The VIX is at 14.39 moving above the 200-day MA at 14.33 for the first time since early November before the Trump election. The bears will growl strongly if the VIX remains above 14.33. The bulls had better push the VIX lower under 14.33 pronto or they are going to begin the year by getting punched in the 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.
Note Added 3:33 PM EST: The VIX is printing 14.20 back under the 200-day MA. The bulls slap the bears in the face and are not giving up without a fight. Slap, slap.
Note Added 3:52 PM EST: The bears fight back. Whack, thwack. The VIX is at 14.37 back above the 200-day MA at 14.33 (albeit by 4 pennies) so the bears rule the markets going forward. The drama continues with only a few minutes remaining in the session and trading year. Stocks are sinking to the lows of the day.
Note Added 4:20 PM EST: The bulls win in the end with the VIX closing at 14.08. This battle will continue next week to begin the new year. Keep an eye on it.
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