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Tuesday, August 29, 2017

VIX Volatilty Daily Chart; Battle at the 200-Day MA Bull-Bear Line in the Sand

The VIX 200-day MA is a key short-term bull-bear stock market signal. The VIX 200-day MA is at 11.68. The VIX ends today at, wait for it, wait a little bit longer, a bit longer, 11.70 only two pennies on the bear side. VIX was bobbing back and forth on each side of 11.68 during the settlement after the closing bell. So the battle lines are drawn for hump day. Market bulls win big if the VIX drops under 11.68. Market bears will growl to victory if VIX remains above 11.68.

Keybot the Quant algo is short and identifies VIX 11.15 (blue bar) as a key bull-bear line in the sand. Market bulls will be sending stocks big-time higher if VIX drops under 11.15.

But first thing is first. Watch to see if the bulls have the juice on Wednesday to send VIX below the 11.68 level, or not. Volatility will tell you a lot about market direction ahead. 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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