VIX Volatility Daily Chart

Look at that crushing drop in volatility over the last 3 weeks. The price action has the central bank foot print all over it. The central bankers, led by Herr Powell, maintain their jack boots on the throat of volatility to sustain buoyancy in the stock market and protect the wealthy class. Crony capitalism rules the day, every day.

The bulls cheer when the VIX fell below the 200-day MA at 16.81. More importantly, the VIX fell through 15.80, a bull-bear line in the sand identified by the Keybot the Quant algorithm, so the bulls began throwing confetti and singing joyous songs. Bulls are in control of markets with the VIX below 15.80. The bears will be fighting back and stocks will no longer be moving higher if the VIX moves above 15.80. The bears are in full control if the VIX moves above 16.81 and the stock market will begin falling apart in earnest. 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.