Keystone's proprietary trading algorithm, Keybot the Quant, flips to the bear side this morning at SPX 3812. Volatility spiked but the Federal Reserve put on its jackboots and is now holding Uncle Vix down by the neck allowing stocks to become buoyant again. The Fed always performs the bidding of the wealthy elite class.
Bears need VIX above 24.64 if they want to create market carnage. VIX is at 24.09 in the bull camp so the bulls are feeling comfortable today. If VIX moves back above 24.64, the wheels will fall off the stock market. All you have to watch is VIX 24.64; it tells you everything you need to know about the stock market direction ahead.
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