VIX Volatility Daily Chart; Battle for Stock Market Control is Occurring at the 200-Day MA at 15.95

Here is an easy one for you to watch. The bears will continue celebrating and throwing confetti as long as the VIX remains above the critical 200-day MA at 15.95. The 200-day separates the stock market bulls from the bears. The bulls win below 15.95. Yesterday, price came down to test this key level and boooiinnngg, it bounces off, so the bears are happy. There will likely be another test that follows. As this message is typed about 4 hours before the opening bell for the regular US session, the VIX is at 16.72 (the VIX begins trading at 3 AM EST each day). 

Keybot the Quant is tracking VIX 15.83 as a key bull-bear line in the sand. Thus, watch the 15.83-15.95 level since it determines who wins going forward. Bears rejoice above 15.95. Bulls celebrate below 15.95 and will begin a wild party if the VIX drops under 15.83. 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.