VIX Volatility Daily Chart; Bulls and Bears Battle for Stock Market Control at the VIX 200-Day MA at 15.03

The bull-bear battle is raging-on. The VIX 200-day MA cross is key for verifying whether stocks are in a short-term bull market or bear market. Let's see. VIX is at..... wait for it ....... wait a bit longer for it...... you really should wait a bit longer...... yes, price is at 15.03. The VIX is sitting directly on the fence and must make an important decision. The VIX will either overcome the 15.03 resistance jumping higher and sending the stock market lower, or, volatility will receive a spankdown and fall into the low 14's and perhaps 13's again restarting the stock market rally.

Keybot the Quant remains long and is tracking VIX 14.38 (purple line) as the key bull-bear line in the sand. Bears win if they keep the VIX above 14.38 and win big if the VIX moves above the 200-day at 15.03. Bulls win if the VIX stays below 15.03 and then will win big with more new record stock market highs if the VIX crumbles below 14.38. It's not rocket science. 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 10:35 AM EST: Pop. The VIX pops to 15.22. The SPX is down 3 points, -0.1%, to 3218. Copper remains down -0.9% so the trade deal news surprisingly fizzles. King Donny Trumpy used to have the Midas touch sending stocks higher when he yawned and it sounded like he said trade deal; not today. Copper is unimpressed. 10-year yield 1.91%. There will be stock market carnage ahead if the VIX remains above 15.03. There are only about 5 hours remaining in the trading year. Today is EOM, EOQ4, EOH2, EOY2019 (at 4 PM EST).

Note Added 10:44 AM EST:  SPX is down 4 points at 3217. VIX 15.22. Copper -1%. Dollar/yen 108.53. 

Note Added 11:57 AM EST: At munch time, the SPX is at 3216. VIX 15.24. VIX HOD 15.39. SPX LOD 3212. Obviously, watch VIX 15.39 and SPX 3212 to see if the bears can prove that they have the beans to take stocks lower. Copper -1.2% at session lows. Quick, Donny, talk-up the trade deal with more happy news; copper is fading. The radical Iraqi militia attacking the US Embassy in Baghdad sets fires and breaches the wall of the compound. It is an ugly look as Old Man 2019 succumbs to the scythe and Baby 2020 leads the way forward.

Note Added Wednesday Morning, 1/1/20: Happy New Year. As the Tuesday session played out, the Fed placed its jack boot on the throat of volatility so stocks rally into the end of the year. The SPX gains +29% in 2019 finishing the year at 3231. The VIX fell below the critical 15.03 at about 1 PM EST so the bears were off-balance stumbling backwards, and at about 2 PM EST, the VIX lost the important 14.38 level, so the bulls pushed the bears down the cellar steps. The bears lay bleeding on the basement floor but vow that the battle will continue tomorrow.