Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Wednesday, May 29, 2019
VIX Volatility Daily Chart
The VIX is at 17.90 popping above the important 200-day MA at 16.94 that separates a short-term bull market from a bear market. The bears rule the stock market as long as they keep the VIX above 16.94. The bulls must push the VIX below 16.94 to have any hope of sending equities higher. The VIX begins trading at 3 AM EST each morning. 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 Thursday Morning, 5/30/19, at 7:30 AM EST: The VIX is at 17.44 with S&P futures up +7. The bulls got nothing unless they push the VIX below 16.94.
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