Thursday, September 6, 2018

VIX Daily Chart; Bulls and Bears Battle at 200-Day MA Line in the Sand

Keystone often mentions one of his important short-term trading signals; the VIX 200-day MA. Stock market bulls win below while bears win above. The 200 is at 14.67 and the VIX is at 14.65 two pennies on the bull side. The pivot from VIX 14.67 tomorrow morning will send the US stock market in the opposite direction. The VIX begin trading at 3 AM EST.

In addition, the Keybot the Quant agorithm, that is currently short the stock market, is identifying 13.21 as the key bull-bear line in the sand where bulls win below while bears win above. This level is very important for stock market direction. The US Monthly Jobs Report hits in the morning before the opening bell and may create a wild ride for the stock market.

If the VIX pops above 14.67 and moves higher, the stock market is toast. If the VIX remains below 14.67 and drops towards 13.21, the stock market will move choppy sideways with a slight downward bias. If the VIX drops below 13.21, the stock market will ben rallying strongly as the bulls slap the bears 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.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.